The Bank of England on Thursday cut interest rates by 25 basis points, lowering its key rate to 5.0% from a 16-year high of 5.25%. Policymakers voted 5-4 in favor of the reduction, in what had ...

LIVE – Updated at 13:30. The Bank of England has slashed interest rates to 4.25 per cent in a boost to mortgage-holders, marking the lowest level for two years as the central bank warned an ...

The Bank of England has cut interest rates from 5.25% to 5%, the first drop since the onset of the pandemic in March 2020. The BoE's rate setting committee voted by a majority of five to four to ...

The Bank of England on Thursday lowered its interest rates for the second time this year as the U.K. central bank responds to cooling inflation and signs of a slowing economy. The 5-to-4 decision ...

The escalating conflict in the Middle East is “deeply worrying”, a deputy governor of the Bank of England has warned after ...

LONDON — The Bank of England has cut interest rates for the first time since the onset of the COVID-19 pandemic in early 2020 as inflationary pressures in the economy have eased. In a statement ...

When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, including for mortgages, auto loans, and credit cards. Yet financial markets ...

Bank of England keeps main UK interest rate at 2-year low of 4.25%.

100% chance that Bank of England will cut interest rates next month, markets predict. ... Jay Powell, should be fired and demanded a rate cut "NOW" in a social media post.

Pound (GBPUSD=X, GBPEUR=X)The pound rose against the dollar on Thursday afternoon, up 0.3% to trade at $1.3337, at the time of writing. This came after the Bank of England (BoE) announced an interest ...