The British economy has been much weaker than that of the U.S., and inflation is still well above the BOE target.
The BoE decision comes on the heels of comments from Federal Reserve Chair Jerome Powell that indicated the central bank is ...
Bank of England holds rates at 4.5%, citing trade war uncertainty, rising labour costs, and inflation, while markets expect ...
The Bank of England has left itself the option to “skip” an interest rate cut later this year, economists have said, after policymakers voted to leave borrowing costs unchanged at 4.5pc.
The Bank of England (BoE) is set to reveal its monetary policy decision on Thursday, marking the second meeting of 2025.
The dollar was softer on Thursday after the Federal Reserve indicated interest rate cuts were likely later this year even as ...