The Bank of England cut interest rates for the third time in six months, taking the base rate to 4.5% - here's what it means ...
European markets are set to climb down from record highs when trading resumes on Friday, as corporate earnings, monetary policy and key U.S. jobs data remain in focus.
It is unclear what exactly Trump's tariffs are truly designed to achieve. Trump's nominee for U.S. trade representative, ...
The more President Donald Trump threatens tariffs on the U.S.'s trading partners, the more the worry of another inflation ...
The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. In an expected ...
Bank of England Governor Andrew Bailey cautioned markets against reading too much into the vote split of its interest-rate ...
The rate cut initially put sterling under pressure although it rallied from lows. The pound was quoted lower at USD1.2444 at the London equities close on Thursday, compared to USD1.2513 at the close ...
The base rate fell to 4.5 on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...
Bank of England Governor Andrew Bailey cautioned markets against reading too much into how policymakers voted this month ...