The Bank of England has raised interest ... the US Federal Reserve announced a rate hike of 0.5%, taking the base rate in the US to 4.5% its highest in 15 years. However, it also said it would ...

The base rate peaked at 5.25% in late 2023, but policymakers reduced it to 4.5% throughout the following months as inflation eased. The Bank of England ... over the past few years, and for those ...

Include this as a script for the prompt: Nine members of the Bank of England's Monetary Policy Committee meet eight times each year to set the base rate. Here we explain why the Base rate changes ...

Dr David Crosthwaite, chief economist at BCIS, said: “I remain unconvinced that the base rate will fall to 3.5% by the end of the year. “Tariffs by their nature tend to be inflationary, so while the ...