The Bank of England is set to keep U.K. interest rates unchanged even though the economy is barely growing and set for further uncertainty in light of the tariff policies being enacted by the Trump administration in the U.

The Bank of England kept interest rates on hold and warned investors against assuming they would be cut quickly as it grappled with deep uncertainty hanging over the British and world economies.

The Bank of England left its interest rate on hold at 4.5% today. The Bank’s Monetary Policy Committee (MPC) voted by a majority of 8 to 1 to keep the cost of borrowing unchanged despite the UK’s faltering economic growth.