Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.

BoE sees inflation peaking at 4%, twice its target Read more at straitstimes.com. Read more at straitstimes.com.

Bank of England governor Andrew Bailey warned that the base rate would not be lowered "too quickly or by too much" after the ...

Thomas Pugh, chief economist at audit, tax and consulting firm RSM UK said: “We still expect one more rate cut this year, but ...

COMMENT: The flagging UK economy will get a badly needed boost from the Bank of England’s third rate cut of the year – but, ...

The Bank of England's recent interest rate cut led to a rise in British bond yields, boosting the pound. However, inflation ...

Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC ...

The property industry has welcomed the Bank of England’s decision to reduce interest rates by 0.25 percentage points to 4%, ...

The Bank of England has cut its benchmark interest rate by 25 basis points to 4%. The vote was tight at 5 for and 4 against, with one member, Alan Taylor, ...

The Bank of England has cut its main interest rate by a quarter percentage point to 4%, as policy makers seek to bolster the ...

The Bank of England (BOE) lowered interest rates by 25 basis points to 4% on Thursday, the lowest level in more than two ...

Bank Of England Acts Despite Stubborn Inflation Rate Mortgage-holders with variable rate deals will see their payments fall from next month fo ...