# British Pound Stabilises after Bank of England Sticks with Commitment to Raising Interest Rates

> The Bank of England held Bank Rate at 0.75% in a unanimous decision and reiterated that rates will need to rise after an orderly EU exit. It noted slowing growth, the US-China trade war weighing on global growth, and Brexit uncertainty hitting asset prices.

- Date: 2019-09-19 · published 2019-09-19T12:00:00.000Z
- Category: report · region UK · magnitude low
- Page: https://feedsoft.ai/events/57318-british-pound-stabilises-after-bank-of-england-sticks-with-commitment-to
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Central bank stance shapes sterling and global risk sentiment, a background factor for dollar-priced commodities. The direct link to feed prices is weak.

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/gbp-live-today/12070-british-pound-stabilises-after-bank-of-england-sticks-with-commitment-to-raising-interest-rates

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.