The implied "terminal rate" is currently around 3.4%, which the central bank is expected to reach by the end of next year.

Henry Cook, senior Europe economist at MUFG, says the Bank of England is in no rush to front-load its policy easing path, ...

Sterling rose against a weakening dollar after the Federal Reserve cut interest rates by 50 basis points, with investors ...

Bank of England Governor Andrew Bailey said on Thursday he was "optimistic" that inflation pressures would ease sufficiently ...

The Bank of England warned investors it won’t rush to ease policy, as it held fire on another cut in borrowing costs and ...

Wilde, a Bloomberg UK journalist and editor on the Readout. Hope you enjoy today’s newsletter. Well, what a pivot week this ...

The UK's benchmark stock indexes ended higher on Thursday, after the Bank of England kept rates on hold, as widely expected, ...

Back in August, the BoE lowered the key policy rate by 25 basis points (bps) to 5.0% from 5.25%, with a 5-4 MPC vote in favor ...

The BoE's hesitation in delivering its second rate cut of the year is partly due to questions about how it will incorporate next month's budget statement from the new UK Labour government into its thi ...

Bank of England (BoE) left the policy unchanged, as expected, at 5%, in a 8-1 split vote, Rabobank’s Senior Macro Strategist ...

The Bank of England will maintain the pace it is reducing its balance sheet of bonds, a decision that may have implications ...

The Bank of England (BoE) has decided to hold interest rates at 5% this month, having lowered them for the first time in four ...