The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.
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 may have got a head-start on the Federal Reserve, but the tone from UK policymakers is still much more ...
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 kept its key interest rate at 5.0 percent, deciding against consecutive cuts one day after a ...
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...
The decision to hold rates was not unanimous with one member of the Bank's rate-setting Monetary Policy Committee voting for ...
While the Fed cuts rates, the BoE stays cautious, and the BoJ holds steady. Discover how each central bank is tackling ...
Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2% target level.
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
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 is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S.