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 ...

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.

The Bank of England maintained interest rates at 4.25%, amidst concerns over a softening labour market and rising energy prices due to Middle East tensions. While a Reuters poll anticipated a 7-2 vote ...

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 SNB reduced its policy rate by 25 basis points from 0.25%, as expected by markets and a Reuters poll, to stand on the brink of negative rates for the first time since 2022.