Today at 12:00 the Bank of England will announce the interest rate, after leaving the interest rates unchanged in the previous release.
The economists forecast is that the Governor will cut the interest rate, however also in the last time there were the same expectations which not materialized.
The UK central bank has not changed the interest rates since March 2009, when it lowered the interest rates to a low of 0.5%.
Bank of England
Breaking news – 12:00 (GMT+1)
Contrary to the expectations of investors, the Bank of England announced that he is leaving the interest rate unchanged at 0.5%.
The Bank of England believes it is too early to know what will be the effects of the exit of the UK from the EU and wants to wait a few more weeks before he receives new a decision.