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

Bank of England set to cut rates as inflation and economy slow

The Bank of England is expected to lower interest rates on Thursday after a sharp slowdown in inflation and a weakening in economic growth, but a string of further cuts in 2026 looks unlikely given ... Read More

UK interest rates: Bank of England lowers rates to 3.75%

A fall in base rate is usually mirrored in mortgage rates, as base rate is the rate charged by the Bank of England (BoE) to smaller banks and building societies to borrow money. It is also the rate of ... Read More

Bank of England cuts rates after tight vote but signals caution over further moves

The Bank of England cut interest rates on Thursday after a narrow vote by policymakers but it signalled that the already gradual pace of lowering borrowing costs might slow further. Read More

Bank of England Cuts Rates While ECB Holds Steady

The BOE is moving in step with the Fed rather than many of its peers in Europe. Read More

The Bank of England Is Missing the UK’s Ugly Economic Truth

The Bank of England is belatedly waking up to the fact that Britain is struggling. It cut its official rate by 25 basis points to 3.75% on Thursday, but it’s not really grasping that more is needed. Read More

European Central Bank leaves rates unchanged with economy showing signs of modest growth

The European Central Bank is leaving interest rates unchanged for the fourth meeting in a row as the economy in the 20 countries that use the euro increasingly looks strong enough to get by without ... Read More

European markets close higher; Swiss central bank holds interest rate at 0% as inflation cools

LONDON — European stocks finished higher on Thursday as investors digest the U.S. Federal Reserve's latest rate cut and Swiss central bank's decision to hold rates. The pan-European Stoxx 600 closed 0 ... Read More

Bank of England

The economic fallout from the coronavirus pandemic is whittling away the Bank of England’s long-held aversion to subzero rates, in the latest example of how the scale of the Covid-19 crisis is pushing ... Read More