bank of england interest rate news

Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut

The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago.

Wall Street Journal · 1d

Bank of England Holds Off on Rate Cut After Fed Goes Big

The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.

UPI on MSN · 2d

Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation

The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a sustainable way.

2don MSN

Bank of England governor ‘optimistic’ that interest rates can be cut, after ‘no change’ decision today – as it happened

Bank of England governor says “we need to be careful not to cut too fast or by too much”, after leaving borrowing costs ...

MarketWatch2d

Bank of England decision: Key interest rate expected to stay at 5%

as it prefers to change interest rates at meetings where it delivers its monetary policy reports. Hence the first-rate cut came in August, and the market expects the second rate cut in November, ...

Dollar’s Resilience in Face of Fed Cuts Is Disappointing Traders

Traders betting big on a weaker dollar are facing disappointment — at least for now — as the greenback remains resilient ...

1don MSN

Markets weekly recap: Risk-on sentiment boosted by Fed’s outsized rate cuts

Global stock markets are set for a positive weekly close following the Fed’s jumbo rate cuts. The Bank of England’s hawkish ...

KSL2d

Stocks jump Thursday after Federal Reserve's jumbo-sized rate cut

Stocks jumped Thursday as investors cheered the Federal Reserve's eye-popping half-point interest rate cut. The Dow rose 543 ...

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