Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a percentage point to roughly 4.8% from a two-decade high of 5.3%, where it had stood for 14 months. It also signaled that there will be more cuts to come in the next few months.
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
Eurozone inflation slowed in August, as initially estimated, revised data from Eurostat showed on Wednesday. The harmonized index ...
UK inflation rate remained unchanged last month, as air fares rose and petrol prices dropped, but underlying inflation has ...
Simply sign up to the UK inflation myFT Digest -- delivered directly to your inbox. UK inflation held steady at 2.2 per cent in August, leaving the door open for the Bank of England to cut interest ...
British inflation held steady in August but sped up in the services sector which is closely watched by the Bank of England, ...
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