Bank of England opts against a rate cut but warns of slow growth after Brexit

Bank of England opts against a rate cut but warns of slow growth after Brexit

Mark Carney, the outgoing Governor of the Bank of England.

Matt Dunham | WPA Pool | Getty Images

The Bank of England (BOE) on Thursday held interest rates following Governor Mark Carney’s final monetary policy meeting.

Sterling jumped 0.3% against the dollar to trade at around $1.3060 after the central bank’s Monetary Policy Commitee (MPC) voted 7-2 to keep the base rate at 0.75%.

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