Thursday, November 1, 2018

Bank of England holds rates steady amid Brexit uncertainty

The Bank of England has kept its benchmark interest rates unchanged, the central bank announced Thursday. The BOE rate-setters voted unanimously to hold rates at 0.75 percent. Prior to the announcement, sterling stood at $1.28, more than one percent higher against the dollar, after reports suggested that both the EU and the U.K. reached an agreement on financial......(read more)
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