The Bank of England (BOE) held interest rates steady on Thursday, amid intensifying uncertainty over Britain's departure date from the European Union.
With just eight days to go before the country is set to leave the bloc, the BOE's nine-member Monetary Policy Committee (MPC), led by Mark Carney, unanimously voted to leave interest rates unchanged at 0.75 percent.
The BOE had expected this to be their final meeting before Brexit, but Prime Minister Theresa May has asked the EU for an extension to the deadline. It means policymakers at the central bank have been left in limbo when it comes to implementing their plan for limited and gradual rate hikes over the coming months.
"The economic outlook will continue to depend significantly on the nature and timing of the EU withdrawal," the BOE said.