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.

CNBC on MSN · 2d

Bank of England holds interest rates steady after August cut

The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.

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, ...

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 ...

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 ...

Fed Slashes Rates Aggressively With Larger Half-Point Cut: Prepare for Lower Mortgages

The Federal Reserve has issued its first interest rate cut in four years, kicking off an easing cycle that is already making ...

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