Roundup: BoE holds interest rates unchanged amid rising global uncertainty


  • World
  • Friday, 21 Mar 2025

LONDON, March 20 (Xinhua) -- Britain's central bank, the Bank of England (BoE), has kept its benchmark interest rate unchanged at 4.5 percent, warning that "global trade policy uncertainty has intensified."

At its meeting concluding on Wednesday, the BoE's Monetary Policy Committee voted by a majority of eight to one to maintain the rate, with one member favoring a 0.25 percentage point cut to 4.25 percent, according to a statement released on Thursday.

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