On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...
The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S.
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
The Bank of England on Thursday said it would hold interest rates steady following its initial cut in August, even after the ...
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...
The Bank of England is widely expected to keep interest rates on hold on Thursday after the latest UK inflation figures ...
The Bank of England on Thursday kept its key interest rate at 5.0 percent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve.
as it prefers to change interest rates at meetings where it delivers its monetary policy reports. Hence the first-rate cut came in August, and the market expects the second rate cut in November," ...
The decision was widely expected, after the Bank of England warned interest rates would have to “remain restrictive for sufficiently long” ...
From the decision: "There has generally been limited news in UK economic indicators relative to the Committee’s expectations in the August Monetary Policy Report. Headline GDP growth is expected to ...
Slowing wage rises and easing unemployment were revealed in a slew of official figures today, which pushed back the likely timing of the next interest ... suggests a Bank Rate of 3.75% at the ...