The Bank of England paused its historic interest rate hiking campaign for the first time in nearly two years Thursday after inflation fell unexpectedly in August.. The decision keeps the main ...

LONDON, Nov 3 (Reuters) - The Bank of England raised interest rates to 3% on Thursday from 2.25%, its biggest rate rise since 1989 as it warned of a "very challenging" outlook for the economy.

Sounding more upbeat about the outlook for the country's slow economy, the BoE's nine rate-setters voted 7-2 in favor of a 25 basis-point increase in Bank Rate to 4.25%, as expected in a Reuters ...

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.

The central bank reduced its key interest rate from 4.5% to 4.25% on Thursday amid a backdrop of lackluster economic growth and uncertainty around President Donald Trump's trade tariffs. The move ...

The Bank of England has reduced interest rates after seven members of the central bank’s nine-strong Monetary Policy Committee (MPC) voted to reduce the base rate from 4.75 per cent to 4.5 per cent.

The Bank of England has increased UK interest rates by 0.75%, the biggest increase in 30 years. A year ago the interest rate was 0.1%, today it is 3%. While the speed of the increase is certainly ...

By Hanna Ziady, CNN London (CNN) — The Bank of England paused its historic rate hiking campaign for the first time in nearly two years Thursday after inflation fell unexpectedly in August. The ...

Bank of England lowered its key interest rate for the first time since the pandemic. The U.K. central bank made the move after the country's inflation dropped to 2%, but it was a close vote as ...

The Bank of England left its interest rate on hold at 4.5% today amid growing global economic uncertainty triggered by Donald Trump’s trade wars. The Bank’s Monetary Policy Committee (MPC ...

The Bank of England cut interest rates on Thursday in a move likely to bring relief to borrowers, businesses and hard-pressed consumers across the country. Stream NBC4 newscasts for free right ...