The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
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.
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...
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 ...
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
The Bank of England is widely expected to keep interest rates on hold on Thursday after the latest UK inflation figures ...
BoE governor says the central bank needed “to be careful not to cut too fast or by too much” as UK inflation stays above its ...
The Bank of England has maintained its interest rate at 5%, contrasting with the US Federal Reserve’s rate cut to 4.8%.
The pound was at to its highest level in two-and-a-half years after the Bank of England left its key interest rate unchanged, ...
The Bank of England has kept its main interest rate unchanged at 5% despite a big cut from the US Federal Reserve, its first ...
The decision Thursday was widely expected amid ongoing concerns about inflation within the British central bank’s monetary ...