Bank of England Holds Off on Rate Cut After Fed Goes Big
The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
Bank of England widely expected to hold interest rates despite big US Fed cut
The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S.
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 ...
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
Pound reaches 30-month high after Bank of England pauses while Fed slashes rates
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 ...
Bank of England expected to leave UK interest rates on hold today after jumbo Fed rate cut – business live
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...
European markets close higher after Bank of England holds rates, Fed cuts
European markets closed higher Thursday as investors digested the latest monetary policy decisions from the U.S. Federal ...
Bank of England keeps its main interest rate on hold at 5% in wake of big Fed cut
The decision Thursday was widely expected amid ongoing concerns about inflation within the British central bank’s monetary ...
Bank of England holds interest rate at 5 per cent despite US Fed rate cut | Future UK rate outlook
The Bank of England has maintained its interest rate at 5%, contrasting with the US Federal Reserve’s rate cut to 4.8%.
Alert: Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
LONDON (AP) — Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut.
Bank of England holds interest rates steady after August cut
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.