BoE warns Brexit uncertainties have ‘intensified’ as rates stay on hold

bank-of-england-web

Uncertainties around Brexit have “intensified considerably” since the last policy meeting, the Bank of England’s monetary policy committee said today (December 20), as it chose to keep policy on hold.

MPC members voted unanimously to hold the key rate at 0.75% and the stock of asset purchases at £435 billion ($550 billion), noting the gloomy outlook for both the UK and the rest of the world. Downside risks to global growth have increased, the committee says in its post-meeting statement.

Brexi

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: