The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S.
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of 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 held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis ...
The Bank of England has maintained its interest rate at 5%, contrasting with the US Federal Reserve’s rate cut to 4.8%.
The decision Thursday was widely expected amid ongoing concerns about inflation within the British central bank’s monetary ...
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," ...
European markets were poised to open higher as investors digested the U.S. Federal Reserve’s first interest rate cut in four years.
Swati Dhingra, often a dovish dissenter, called for a quarter-point rate cut. "Bank Rate needed to become less restrictive now to enable a smooth and gradual transition in the policy stance, and to ...