Economy News Bank Of England Holds Rates As Switzerland Is First Rich Economy To Cut

Bank of England holds rates in knife-edge vote that hints at December cut

The Bank of England kept borrowing costs on hold on Thursday, but a narrow vote and signs that Governor Andrew Bailey might soon join those seeking a rate cut boosted the prospect of a move in ... Read More

Divided Bank of England holds key interest rate at 4% despite hopes inflation has peaked

The Bank of England has kept its main interest rate unchanged at 4% as inflation in the U.K. remains markedly above target and policymakers await this month’s budget from the U.K. government, which ... Read More

Bank of England To Hold Rates Despite Better Inflation News

The Bank looks likely to keep rates on hold on 6 November, despite better inflation and wage news. The committee is deeply divided, and we don't expect clear signals on the Bank's next steps. But ... Read More

ECB set to hold rates through 2026 on steady economic outlook: Reuters poll

The European Central Bank will hold interest rates at least until the end of 2026, according to a majority of economists polled by Reuters, who also expected the euro zone economy to grow steadily ... Read More

Bank of England policymakers speak after keeping rates on hold

The Bank of England kept borrowing costs on hold on Thursday, but the narrow vote signals a rate cut could come in December, when they hold their next meeting after the government budget later this ... Read More