Bank of England Interest Rate Decision. UK, 14:00 (GMT+2)

Bank of England Interest Rate Decision. UK, 14:00 (GMT+2)

At 14:00 (GMT+2), the Bank of England decision on the interest rate will be announced, and then its Governor Mark Carney will speak. The key interest rate is expected to remain at the same level of 0.75%. Under conditions of uncertainty around Brexit, the regulator is unlikely to risk making adjustments to the monetary policy and would prefer to refrain from any actions. The follow-up statement and Carney’s speech, which may contain the views of bank members on the current state of the British economy and its immediate prospects, are of more interest.

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