The Bank of England maintained its key interest rate at 3.75% on Thursday following its monetary policy meeting in London, aligning with market expectations.
Economists surveyed ahead of the decision had broadly anticipated the hold, according to Cash.ch. The rate remains unchanged throughout the current year.
The central bank last adjusted policy in December, when it cut the benchmark rate by 25 basis points.
The decision leaves the UK's monetary policy stance steady as the Bank of England navigates ongoing inflation and growth considerations.
