The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.
The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S.
The Bank of England may have got a head-start on the Federal Reserve, but the tone from UK policymakers is still much more ...
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...
The Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British government bonds by ...
The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
The Bank of England has given Chancellor of the Exchequer Rachel Reeves a £4 billion ($5.3 billion) lifeline to help ease ...
The pound was at to its highest level in two-and-a-half years after the Bank of England left its key interest rate unchanged, ...
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis ...
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...