The bank said it was focused on risks from a weaker labor market and higher energy prices as conflict in the Middle East ...

The Bank of England and European Central Bank both held their benchmark rates steady. Even though inflation has been slowing, they gave no indication of when rates would start to come down.

By Eshe Nelson Reporting from London The Bank of England cut interest rates as expected on Thursday, but policymakers said it would take longer for inflation in Britain to return to the bank’s 2 ...