GBP/USD soars after the BOE interest rate decision

Invezz

Published

The GBP/USD rose slightly after the Bank of England (BOE) delivered its final interest rate decision this year. This decision came a few hours after similar decisions by the Swiss National Bank (SNB) and the Federal Reserve. British pound index BOE leaves rates unchanged In its final decision of 2020, the bank decided to hold fire as they continued to focus on the ongoing negotiations on Brexit.  The bank left the interest rate unchanged at 0.1% and the limit of the quantitative easing program at £895 billion ($1.2 trillion). This decision came a month after the bank decided to add

Full Article