Brexit and election will keep Bank of England playing waiting game
Share:
LONDON (Reuters) - Britain's central bank looks set to keep interest rates unchanged next week, despite a weak economic outlook, as it awaits a snap election that could reshape Brexit and bring more public spending.The Bank of England, unlike the U.S. Federal Reserve and the European Central Bank, has not cut rates as the trade war between the United States and China caused a global economic slowdown.Britain's economy has weakened, too, although the BoE is unlikely to make much change to its..