Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...
British government debt hit 100% of economic output for the first time in recent history and there was another large budget ...
The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.
UK economy watchers had another busy week with a raft of major data releases alongside another Bank of England interest rate ...
Bank of England Governor Andrew Bailey says the rate should come down in coming months, but "it's vital that inflation stays ...
Given uncertainty over the likely performance of the US economy and the Fed’s response, Mann suggested that the Bank needed ...
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 ...
The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, ...
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...
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 ...
In Japan, the Bank of Japan (BoJ) kept its uncollateralized overnight call rate unchanged at 0.25% this morning. In its ...