Bank of England keeps benchmark rate at 4.5 pct
Xinhua | Updated: 2025-03-20 21:15
LONDON-- The Bank of England (BoE) has kept its benchmark interest rate unchanged at 4.5 percent, Britain's central bank said in a statement on Thursday.
At its meeting concluding on Wednesday, the BoE's Monetary Policy Committee voted by a majority of eight to one to maintain the rate. One member preferred a reduction of 0.25 percentage point to 4.25 percent.
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