Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...

The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.

In Japan, the Bank of Japan (BoJ) kept its uncollateralized overnight call rate unchanged at 0.25% this morning. In its ...

The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...

From the decision: "There has generally been limited news in UK economic indicators relative to the Committee’s expectations in the August Monetary Policy Report. Headline GDP growth is expected to ...

Inflation in the U.K. held steady at an annual rate of 2.2% in August, with higher air fares offset by lower fuel costs and ...

The Bank of England has maintained its main interest rate at 5%, despite a significant cut from the US Federal Reserve. This ...

The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, ...

The decision was widely expected, after the Bank of England warned interest rates would have to “remain restrictive for sufficiently long” ...

Financial experts weigh in on Bank of England's hold on rate cuts. Discover why they believe it could prolong financial ...

The Bank of England is set to hold its benchmark interest rate on Thursday after the US Federal Reserve slashed its key rate by 50 ...

Ignorance is not bliss when it comes to your personal finances. Here’s why you should follow what the Bank of England is up ...