Bank of England keeps benchmark rate at 4.5 pct-Xinhua

Bank of England keeps benchmark rate at 4.5 pct

Source: Xinhua

Editor: huaxia

2025-03-20 20:28:45

LONDON, March 20 (Xinhua) -- The Bank of England (BoE) has kept its benchmark interest rate unchanged at 4.5 percent, Britain's central bank said in a statement on Thursday.

At its meeting concluding on Wednesday, the BoE's Monetary Policy Committee voted by a majority of eight to one to maintain the rate. One member preferred a reduction of 0.25 percentage point to 4.25 percent.

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