Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
Bank of England holds interest rates at 5%
Bank of England Governor Andrew Bailey says the rate should come down in coming months, but "it's vital that inflation stays ...
Bank of England widely expected to hold interest rates despite big US Fed cut
The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S.
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...
Why The Bank Of England Won't Diverge From The Fed For Long
The Bank of England may have got a head-start on the Federal Reserve, but the tone from UK policymakers is still much more ...
Bank policymaker says higher interest rates needed to ‘purge’ inflation risks
Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2% target level.
Pound reaches 30-month high after Bank of England pauses while Fed slashes rates
The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...
Bank of England’s Mann warns of ’embedded’ UK inflation risk after decision to hold
Given uncertainty over the likely performance of the US economy and the Fed’s response, Mann suggested that the Bank needed ...
UK interest rates live: Bank of England holds at 5% after shock US Fed cut
The Bank of England is widely expected to keep interest rates on hold on Thursday after the latest UK inflation figures ...
Bank of England governor ‘optimistic’ that interest rates can be cut, after ‘no change’ decision today – as it happened
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...
Bank of England interest rate decision confirmed – what it means for you
THE BANK of England has opted to hold interest rates after cutting them for the first time since 2020 last month. At the ...
Bank of England holds Base Rate at 5% fuelling more pain for homeowners
Economists believe that the Bank of England's rate-setting committee will hold interest rates at 5% when it meets today.