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 ...
Bank of England Holds Rates Steady but Signals Gradual Easing
The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.
Why The Bank Of England Won't Diverge From The Fed For Long
The Bank of England may have got a head-start on the Federal Reserve, but the tone from UK policymakers is still much more ...
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 keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve, its ...
Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
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 ...
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 ...
UK interest rates kept at 5% as Bank of England says ‘vital’ inflation stays low
The Bank of England has left interest rates unchanged at 5%, but said it could reduce borrowing costs “gradually over time” ...
Bank of England keeps rates at 5%, extends 100 billion pound bond reduction plan for another year
The Bank of England held interest rates at 5.0% on Thursday and voted to run down its stock of British government bonds by ...
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.
Bank of England decision: Key interest rate maintained at 5% with one voter dissenting
From the decision: "There has generally been limited news in UK economic indicators relative to the Committee’s expectations in the August Monetary Policy Report. Headline GDP growth is expected to ...