BoE delays interest rate decision until Sept. 22 - Breaking The News

BoE delays interest rate decision until Sept. 22

9 September

1 min read

EPA/LAWRENCE LOOI

Bank of England (BoE) stated on Friday that it will postpone its interest rate decision that was scheduled for September 15. The announcement will now take place a week later, on September 22.

The BoE explained that the event was delayed in light of the period of national mourning in the United Kingdom following the death of Queen Elizabeth II. According to the latest projections, the central bank is expected to raise interest rates by 75 basis points.

interest rate decision boe elizabeth ii

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