As the 2 percent target remains elusive, policymakers must also consider the impact of the incoming Trump administration's plans for the economy.
Since the previous meeting, the BoE noted a new surge in inflation, which increased to 2.6% in November from 1.7% in ...
This latest reduction in rates marked the third consecutive rate cut, following November’s 25-basis-point cut, and ...
Bank of England holds interest rates at 4.75% in latest blow for Labour - The Bank’s Monetary Policy Committee voted by a ...
The Bank of England has held interest rates at 4.75% as it cautioned over "heightened uncertainty in the economy", following ...
The Bank of England signaled it will keep easing gradually in 2025 as a growing minority of officials set aside evidence of ...
Bank of England policymakers split over whether to cut interest rates on Thursday with more officials than expected seeking ...
The Bank of England kept its main interest rate unchanged at 4.75% on Thursday but policymakers became more divided about ...
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services ...
The U.K.’s central bank is keeping interest rates on hold as inflation moves further above its target rate, even though the British economy is flatlining at best. The Bank of ...
The U.K.’s central bank is set to keep interest rates on hold as inflation has moved further above its target rate even though the British economy is flatlining at best. The nine-member Monetary ...