The British Central Bank kept its key interest rate

The Bank of England did not change its monetary policy and left its key interest rate unchanged at a record low of 0.25%, which was expected given that Prime Minister Teresa May has scheduled a surprising parliamentary election on June 8, and a change in monetary policy would be very unexpected. This would negatively affect the markets.

Meanwhile, at a press conference, Mike Carney said that British households should expect a tough year.

For the 2017 and 2019 the Central Bank raised its forecasts.