UK’s BoE keeps rates steady…for now

15 January 2016

 

Mark Carney, the Band of England chief, had previously said the decision to raise rates "will likely come into sharper relief around the turn of this year". We are now in the first quarter of 2016 but the BoE kept rates steady at its latest meeting with an 8 to 1 vote in favour of no change. Given the turmoil in international markets in recent weeks, the decision is not...

read full story