LONDON – The Bank of England has kept interest rates on hold and opted against injecting another dose of stimulus into the British economy as it waits to hear whether a post-Brexit trade between the U.K.
and the European Union is agreed in time for the new year.In a statement released Thursday, it said the nine rate-setters on the Monetary Policy Committee voted unanimously to keep the bank's main interest rate at the record low of 0.1% and to maintain the monetary stimulus already in place.It said the main news since it boosted its bond-buying program in November has been the successful trialling of coronavirus vaccines and the rollout in the U.K.