Bank Of England Hold Interest Rate Steady

22 March 2019

Bank of England's Monetary Policy Committee voted unanimously to hold the Bank Rate at 0.75 percent during its March policy meeting .It is indicated in the statement that broad-based softening in global GDP and trade growth has continued. Global financial conditions have eased, in part supported by announcements of more accommodative policies in some major economies. It is also reported that economic outlook would continue to depend significantly on the nature and timing of EU withdrawal. (21.03.2019)
 
Source: Bank of England
Post by : Republic of Turkey Ministry of Trade