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 ...
Bank of England Holds Off on Rate Cut After Fed Goes Big
The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
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 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 ...
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 presses pause on rate cuts, highlights 'gradual approach'
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis ...
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 Holds Rate Steady After Jumbo US Cut
The Bank of England on Thursday kept its key interest rate at 5.0 percent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve.
MarketWatch16h
Bank of England decision: Key interest rate expected to stay at 5%
The Bank of England is not expected to follow its U.S and eurozone peers by cutting interest rates in September. The U.K. central bank will make its policy announcement at 12 noon in London, 7:00 a.m.
An aggressive Fed move is unlikely to spur a surprise Bank of England rate cut
Money market pricing for a BOE cut at Thursday’s September meeting dipped from 35% late Tuesday to 26% Wednesday morning ...
European markets set to open higher following Fed cut; Bank of England rate decision in focus
European markets were poised to open higher as investors digested the U.S. Federal Reserve’s first interest rate cut in four years.
BBC14h
UK inflation rate: How quickly are prices rising?
The Bank of England has a target to keep inflation ... In June, the European Central Bank (ECB) cut its main interest rate from an all-time high of 4% to 3.75%, the first drop in five years.