In a speech at the London School of Economics, Alan Taylor said the key rate should "normalize" at 2.75% if all the shocks that have rocked the U.K. economy over recent years dissipate. At last ...

A Bank of England policymaker has urged for three additional interest rate cuts in 2025, warning that the inflation outlook ...

Bank of England policymaker Alan Taylor said on Wednesday that a soft landing for Britain's economy is now at risk and that ...

The FTSE 100 (^FTSE) closed in the green on Tuesday, while US stocks were mixed, as investors eyed developments president ...

Morgan Stanley analysts predict that, despite recent dovish comments from officials, the Fed is unlikely to cut interest rates soon.

LONDON (AP) — The Bank of England warned Thursday about the “highly unpredictable” geopolitical environment as it kept its main interest rate unchanged at the two-year low of 4.25%. With concerns ...

The Bank of England left interest rates unchanged at 4.25%, with a 6–3 vote split hinting at growing internal pressure to cut. The BOE stressed that policy was not on a preset path as rising energy ...

London’s FTSE 100 closed lower on Thursday amid ongoing Middle East concerns, after the Bank of England left interest rates unchanged at 4.25%. The FTSE 100 index closed down 51.67 points, 0.6% ...

Interest rates are used as a tool to control inflation, in line with the bank’s task of keeping the rate of Consumer Prices Index (CPI) at 2 per cent. However, rising food prices have been putting ...

The Bank of England has left its interest rates on hold at 4.25% during its Thursday meeting, though the bank has indicated that cuts were coming later in this year.

THE Bank of England has chosen to keep interest rates unchanged, dashing the hopes of homeowners seeking relief from mounting mortgage costs. During today’s Monetary Policy Committee (MPC) me… ...