Bank of England freezes rate awaiting Brexit fallout

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Governor of the Bank of England Mark Carney arrives at Whitecross Street Market, to promote the launch of the new five pound bank note, in London, on September 13, 2016. The Bank of England will initially issue 440 million of the new polymer £5 notes ($6.7, 5.9 euros) and the old note will cease to be legal tender in May 2017. "We expect polymer notes to last at least two-and-a-half times longer than the current generation of fivers and therefore reduce future costs of production," Carney said. / AFP PHOTO / POOL / STEFAN WERMUTH
The Bank of England said Thursday it was keeping its key interest rate at a record-low 0.25 percent, with no indication that the Brexit vote outcome was hurting the economy.

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