Bank of England Chief Economist Huw Pill said on Friday that an expected rise in inflation this year would probably not lead ...

Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not lead to second-round ...

Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...

Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...

The Monetary Policy Committee of the Bank of England (BOE) voted for Reduce the interest rate key of 25 basis points at 4.5% ...

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The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...

Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

Over half of firms contacted in the DMP survey expected to cut staff and 38% thought they would pay lower wages due to the ...

In its monetary policy report of economic projections, the BoE said: "Measures of underlying pressures in services price inflation have continued to ease but remain elevated. They are expected to ...

The Bank of England cut interest rates by a quarter-point, sparking surprise and disagreement among policymakers. While ...