LONDON -- The Bank of England on Thursday kept its main interest rate at a 16-year high of 5.25% even though inflation has fallen to its target of 2%, with several policymakers warning that a premature cut could stoke another bout of price…
Headline inflation has come down to 2%. The European Central Bank has made its first cut in interest rates. Suspicious Conservatives think the Bank wanted to deny them a rate cut before the election , to offer up an introductory one in…
Otavio Costa, a Macro Strategist at Crescat Capital, a multidisciplinary asset management firm, has expressed concern about the state of the U.S. government securities liquidity index and its potential implications for the future of U.S.…
The Bank's rate-setting committee voted to hold the base rate at 5.25%, insisting 'the timing of the general election was not relevant to its decision'.
The Bank of England has been accused of making a “political decision” after holding interest rates at a 16-year high despite inflation falling to its target.
The Bank of England held its main interest rate at 5.25 per cent, a 16-year high, in its final meeting… Continue reading Bank of England holds rates at 5.25 per cent ahead of election
Bank of England kept rates steady while Swiss National Bank cut its key rate. UK ETFs ticked up, with EWU up 0.66%, FLGB up 0.7%, and FKU up 0.57%. BOE is expected to cut rates in August, while other European central banks have already…
The Board of Control for Cricket in India (BCCI) has unveiled the schedule for the upcoming 2024-25 international home season, featuring exciting tours by Bangladesh, New Zealand, and England. Season Kicks Off with Bangladesh Tour The…
The GBP/USD pair is balancing around 1.2709 on Thursday, after the British pound rose in price against the US dollar for three consecutive days and finally paused.