Home / Breaking News / Bank of England Leaves Policy Rate Unchanged

Bank of England Leaves Policy Rate Unchanged

The Bank of England’s (BoE) Monetary Policy Committee (MPC) decided to leave the benchmark interest rate unchanged at 0.1% following the November policy meeting. in line with the market consensus, market pricing was pointing out to a 50% chance of a 15 basis points rate hike.

Check Also

Market Drivers — US Session: Upon US Dollar’s Retreat, What’s Next for Currencies and Commodities?

The US dollar’s recent retreat has stirred global markets, spotlighting tensions in currency pairs, gold …