The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
After years of low rates, high-yield savings accounts are having a moment as the Bank of England decided to keep interest ...
Given uncertainty over the likely performance of the US economy and the Fed’s response, Mann suggested that the Bank needed ...
Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2% target level.
Workers’ demands for big pay rises risk prolonging the inflation crisis and forcing the Bank of England to keep interest ...
Attention will switch back to economic data for indications on how fast U.S. interest rates will fall from here.
While the Fed cuts rates, the BoE stays cautious, and the BoJ holds steady. Discover how each central bank is tackling ...
BoE governor says the central bank needed “to be careful not to cut too fast or by too much” as UK inflation stays above its ...
The Money blog is your place for personal finance and consumer news. The pound is riding high against the dollar after two ...
A Bank of England policymaker has called for interest rates to remain higher for longer to tackle inflation risks in the UK ...
Bank of England interest rate setter Catherine Mann said on Friday that she took a guarded view on the prospect of multiple ...
British employers plan to scale back pay increases next year, according to a survey that is likely to encourage the Bank of ...