Bank of England holds interest rates at 4.5% amid trade war uncertainty | Money News
The Bank of England has kept interest rates on hold as it warned of growing economic uncertainty linked to Donald Trump's trade war. The central bank's monetary policy committee, which meets every six weeks to set borrowing costs, voted 8-1 to keep the bank rate unchanged at 4.5%. Although the decision was widely expected, the vote was more unified than many assumed.Just one member of the committee, Swati Dhingra, voted to […]