The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement, the bank's nine-member ...
The Bank of England delivered Chancellor Rachel Reeves a mixed blessing on Thursday. Alongside cutting interest rates by 25 ...
Interest rates were lowered by a quarter of a point. Governor Andrew Bailey said there was "heightened uncertainty".
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...
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The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff threats.
Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.
The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a ...