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 holds rates steady, with a further 2025 cut hanging in the balance

Economists did not expect a September rate cut but were eager to see the vote split and forward guidance from the central bank. The big question is what the monetary policy committee might do at its ... 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. central bank faces stubbornly high inflation despite a weak economy and a cooling jobs market. Read More

Bank of England voices inflation concerns as it holds main UK interest rate at 4%

LONDON (AP) — The Bank of England held its main interest rate at 4% on Thursday as U.K. inflation concerns weigh on policymakers. The decision was widely anticipated, as was the split of votes on the ... Read More

Bank of England holds rate as inflation stays high

The Bank of England kept its key interest rate at four percent Thursday, as elevated UK inflation offsets the country's stagnant economic growth. The decision widely expected by markets followed a ... Read More

Bank of England voices inflation concerns as it holds main UK interest rate at 4%

FILE - A general view of the Bank of England in the City of London, Thursday, March 17, 2022. (AP Photo/Alastair Grant, File) (Alastair Grant, Copyright 2022 The ... Read More