The Bank of England kept the base interest rate at 0.75% per annum, which is its maximum value since 2009. The volume of the bond buying program is kept at the level of 435 billion pounds sterling. The regulator also left unchanged the volume of purchase of corporate bonds of 10 billion pounds. The bank's report notes strong consumer spending and payroll data, and also points out that economic activity in the country has surpassed forecasts. Bank of England believes that the exit of the UK from the EU is the main risk factor for the forecast and notes the growing tension in trade and the increased volatility in emerging markets.
Turkish lira falls on central bank sacking, yen and dollar rise18.03.2021
Dollar on defensive after Fed dampens rate hike speculation15.03.2021
Bank of Mexico claims U.S. stimulus package to lift Mexican economy, cause market problems26.02.2021
China’s economy to expand 8-9% this year: central bank adviser