The decision on the interest rate of the Bank of England on March 2025.

The Bank of England has left interest rates on Thursday as the UK economy claims uncertainty around world trade and coming at home.

A widely expected solution retains the benchmark of the Central Bank of 4.5%.

In its statement, the Central Bank states that its monetary policy committee voted in favor that the rates left whole, which did not change with most 8-1. One MPC member voted for a 25-base decrease.

“Since the previous IPC meeting, the uncertainty of global trade policy has intensified, and the US has made a number of tariffs that some governments responded to,” the statement said.

“Other geopolitical uncertainty has also increased, and the financial market volatility has grown globally.”

The decision comes at the time that is marked by promising economic winds abroad and at home. At the world level, this includes frequent shifts, lack of clarity and conflicts related to US President Donald Trump’s trade tariffs, as well as their potential inflation and economic growth.

UK economy demonstrates signs of weakening, declining by 0.1% per month in January.

A For in February He halved the growth outlook in 2025 for the UK to 0.75%.

At the time he also said it was expected In the third quarter of this year, inflation will temporarily increase to 3.7%, as energy costs are set. Inflation in the UK dramatically raised more hot than 3% in JanuaryEspecially over 2% of the purpose of the Central Bank.

The meeting on Thursday comes a few days before the UK government’s taxation came into force, which appeared to be unpopular with enterprises that say their tax burden could allocate growth, investment and jobs.

The “spring statement” of the UK Treasury, during which British Chancellor Rachel Reivz will submit an update on its plans for the British economy, is also released on March 26. The Finance Minister is under pressure to reduce public expenses, increase taxes further or bend independently imposed government fiscal rules among higher loan costs.

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– Holly Elite CNBC contributed to this report.