Economics
Bank of England Set to Keep Stimulus With Wary Eye on 2021
- Pandemic, post-Brexit trade uncertainty still threaten economy
- No policy change expected Thursday, assuming EU talks continue
Outside the Bank of England in London.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Bank of England policy makers make their final scheduled decision of the year on Thursday as uncertain as ever whether the U.K. will get a post-Brexit trade deal.
With the path of the latest pandemic lockdowns also unclear, it means Governor Andrew Bailey and his colleagues are likely to keep policy unchanged for now, but stand ready to react swiftly should the economic outlook deteriorate.