The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2% target level.
Given uncertainty over the likely performance of the US economy and the Fed’s response, Mann suggested that the Bank needed ...
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The decision Thursday was widely expected amid ongoing concerns about inflation within the British central bank’s monetary ...
While the Fed cuts rates, the BoE stays cautious, and the BoJ holds steady. Discover how each central bank is tackling ...
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A Bank of England policymaker has called for interest rates to remain higher for longer to tackle inflation risks in the UK ...
Cautious Bank of England governor says “we need to be careful not to cut too fast or by too much”, after leaving borrowing costs unchanged in 8-1 vote ...
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 ...