The central bank is expected to announce at 0600 GMT (2 p.m. Malaysian time) that it is keeping its benchmark interest rate at an all-time low of 0.1% and its bond-buying stimulus programme unchanged at 745 billion pounds ($980 billion)
LONDON: The Bank of England looks set to hold off from taking further action to help Britain's economy through the coronavirus pandemic on Thursday as it waits to see the scale of an expected surge in unemployment.
The central bank is expected to announce at 0600 GMT that it is keeping its benchmark interest rate at an all-time low of 0.1% and its bond-buying stimulus programme unchanged at 745 billion pounds ($980 billion).
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