The Bank of England kept its stimulus programme unchanged on Thursday as it awaited the outcome of Britain's negotiations with the European Union over a postBrexit trade deal.
LONDON: The Bank of England kept its stimulus programme unchanged on Thursday as it awaited the outcome of Britain’s negotiations with the European Union over a post-Brexit trade deal.
The BoE left its bond-buying programme at 895 billion pounds ($1.2 trillion), having ramped it up by 150 billion pounds last month.
The British central bank also kept its benchmark interest rate at a historic low of 0.1%.
London and Brussels are still trying to avoid the shock of import tariffs on trade from Jan. 1.
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