The implied "terminal rate" is currently around 3.4%, which the central bank is expected to reach by the end of next year.

Henry Cook, senior Europe economist at MUFG, says the Bank of England is in no rush to front-load its policy easing path, ...

Bank of England Governor Andrew Bailey said on Thursday he was "optimistic" that inflation pressures would ease sufficiently ...

Fed boss Jerome Powell described Wednesday's outsize half-point interest rate cut as a 'recalibration' rather than some ...

The Bank of England warned investors it won’t rush to ease policy, as it held fire on another cut in borrowing costs and ...

Wilde, a Bloomberg UK journalist and editor on the Readout. Hope you enjoy today’s newsletter. Well, what a pivot week this ...

The UK's benchmark stock indexes ended higher on Thursday, after the Bank of England kept rates on hold, as widely expected, ...

Deutsche Bank's UK economist Sanjay Raja thinks the BOE may want to retain a "more consistent footprint" of gilt sales. So he ...

GBPJPY surged above 190 after the hawkish rate cut by BOE. It hit a high of 190.38 and is currently trading around 190.32.

The Bank of England (BoE) has decided to hold interest rates at 5% this month, having lowered them for the first time in four ...

The yen weakened against other G-10 and Asian currencies likely on position adjustments spurred by the FOMC’s decision and Fed Chair Powell’s remarks overnight.

The Cumberland County Board of Education will now be holding work sessions instead of a working committees meeting. In a work session, the BOE will not vote on any matters. Instead, they will be able ...