The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

US stocks rose on Thursday as investors digested company earnings and awaited e-commerce giant's Amazon (AMZN) results due ...

Our weekly simulation for Gilt yields. Read the latest update, as of January 31, 2025. Read the full report on Seeking Alpha.

The yen hit a two-month high against the dollar following a call for increased interest rates in Japan. In contrast, the ...

The Monetary Policy Committee reduced the level from 4.75 per cent to 4.5 per cent - the lowest in more than 18 months .

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

While the cutting of interest rates will have come as a relief to Rachel Reeves, the Bank's cut to growth predictions is a ...

For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...

The Bank of England brought down its benchmark interest rate by 25 basis points to 4.5 per cent. Following the announcement ...

The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.