Bank of England strengthens warning for Brexit referendum on 23 June

Bank of England alerted on Thursday that the vote on the referendum on 23 June Britain to leave the European Union, would hurt the economy and send the pound sharply lower.
The central bank said that there is "significant risk" to its economic forecasts for the referendum out of the country by the EU on June 23rd.
If the vote is to leave the EU, it could materially alter the outlook for output and inflation in the country and therefore setting monetary policy the bank.
Households may postpone consumption and businesses to delay investment, labor demand may decrease, causing higher unemployment, said politicians in a statement accompanying the decision on interest rates.
Bank maintained its key interest rate at a record low of 0.5 percent, as expected.