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There is certainly scope for further cuts, but it is not a case of ‘what goes up must come down’. The Bank of England has ...
The market is expected to consolidate after the two-day rally and may attempt another session of upward movement. Below are ...
Consumer prices rose 3.5% in April compared with a year earlier as businesses raised their prices in response to higher ...
Britain suffered a bigger-than-expected inflation surge in April, prompting investors to bet on the Bank of England slowing ...
Yet the tug-of-war continues, and the dollar was sold again in Asia Pacific and Europe today. Among the G10 only the Antipodean currencies are weaker, following Australia's dovish rate cut. Emerging ...
The pace of rate cuts should be cautious, especially given the potential impact of structural changes in price and wage-setting behavior after the inflation spike of recent years, Pill noted. The BOE ...
We do not allow this to affect our editorial independence. Yesterday the Bank of England bit the bullet and cut the base rate from 4.5 per cent to 4.25 per cent. Five members of the nine ...
The Bank of England on Thursday lowered its interest rates for the second time this year as the U.K. central bank responds to cooling inflation and signs of a slowing economy. The 5-to-4 decision ...
Bank of England governor Andrew Bailey said the central ... The governor’s comments come after the Bank’s rate-setting Monetary Policy Committee voted to cut the base rate by 0.25% to 4.25% yesterday, ...
The Bank of England's decision to cut its base rate from 4.5% to 4.25% was widely expected, but marks an "important moment for the UK economy", said BBC News. Rates are "down a full percentage ...
LONDON (AP) — The Bank of England cut its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the potential shock to global growth emanating from the tariff ...
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