Bank of England cuts rates, sees weaker growth and inflation spike
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.
Keir Starmer is said to be gathering his Cabinet for a crisis meeting as the threat of 'Stagflation' rises. The special ...
On the day the UK’s central bank halved its forecast for growth in 2025, the FTSE 100 reached a record high. What’s going on?
The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...
Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...
The Governor of the Bank of England has urged continued US support for two major global economic institutions. Andrew Bailey ...
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