Bank of England holds interest rates steady following Brexit delay

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Bank of England holds interest rates steady following Brexit delay
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Policymakers have been left in limbo when it comes to implementing their plan for limited and gradual rate hikes over the coming months.

The nine-member Monetary Policy Committee , led by Governor Mark Carney, voted unanimously to keep interest rates unchanged at 0.75.

The nine-member Monetary Policy Committee , led by Governor Mark Carney, voted unanimously to keep interest rates unchanged at 0.75.and EU leaders agreed to the Brexit extension. During the course of Brexit negotiations, policymakers at the central bank have been left in limbo when it comes to implementing their plan for limited and gradual rate hikes over the coming months.

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