The outbreak of World War 2 saw the Pound peel away from the $5 level, dipping to a fresh historical ... The Bank of England (BoE) responded by slashing interest rates from 5% at the start of ...

High debt levels weigh on the US dollar and are gold-supportive. However, Trump’s tariff raises could be inflationary and ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively ...

Good news if you’ve got a mortgage. Not so good for true believers in the Bank of England’s inflation target. In cutting interest rates last week, the Bank of England seemed to ignore its own ...

Senior economists at the Bank of England will announce later on Thursday whether they are cutting the UK’s base interest rate, which currently sits at 4.75%. Most experts predict a quarter point ...

LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement ...

Co-operative Bank of Kenya has cut its base lending rate by two percentage points to 14.5 percent, marking its first major reduction in the price of loans since the Central Bank Rate (CBR ...