this post was submitted on 20 Mar 2025
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Economics

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Bank of England holds interest rates, warns global trade uncertainty has intensified (www.cnbc.com)
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KEY POINTS

  • The Bank of England left interest rates unchanged on Thursday, keeping the central bank’s benchmark rate at 4.5%.
  • In a statement, the central bank said that its Monetary Policy Committee voted in favor of leaving rates unchanged with an 8-1 majority.
  • The decision had been widely anticipated by markets.
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