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 keeps rates on hold in knife-edge vote that hints at cut soon

LONDON, Nov 6 (Reuters) - 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 keeps the door ... 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

Interest rates live: Bank of England holds rates in boost to savers

Bank of England holds rates in boost to savers ahead of Budget - The base rate remains at 4% though there will immediately be an expectation of a December cut ... Read More

Bank of England Diverges From Fed With Rate Hold

The U.K.’s central bank left its key rate at 4%, breaking a pattern that dated back to August 2024 and involved making one, quarter-point rate cut every three months. It last reduced borrowing costs ... Read More