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.
The Bank of England swerved a fresh interest rates cut today after inflation was shown to have remained above its 2 per ...
@2024 - All Right Reserved.
Consumer inflation in UK during August remained at an annual 2,2%, helped by lower fuel prices together with hotels and ...
Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.
British inflation held steady in August but sped up in the services sector which is closely watched by the Bank of England, ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback