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The Bank of England paused rate cuts at 4.25%, reflecting caution amid weakening UK growth and labor market data. Check out what investors need to know.
FRANKFURT, Germany (AP) — The head of the European Central Bank said inflation has become more unpredictable due to shocks ...
The bank said it was focused on risks from a weaker labor market and higher energy prices as conflict in the Middle East escalates.
It comes ahead of the Bank of England 's interest rate decision tomorrow, when it will decide whether to hold or cut rates.
Inflation eased to an annual rate of 3.4% in May, according to official figures released this morning, but the Bank of England is still widely expected to leave interest rates on hold.
The Bank of England is set to keep rates on hold next week, sticking with its gradual approach to cuts after a reduction in May, but investors will look for hints on whether a slowing economy and ...
The EUR/GBP cross trades with mild gains near 0.8625 during the early European session on Thursday. Optimism around the ...
A member of the Bank of England's monetary policy committee (MPC) said Threadneedle Street has found itself in an "uncomfortable place" in terms of the future prospects of inflation and growth, as ...
The Bank of England (BoE) has kept interest rates untouched at 4.25% amid geopolitical uncertainty and surging food and oil prices. Members of the Monetary Policy Committee (MPC) voted by 6-3 to keep ...
The Bank of England has voted to hold interest rates at 4.25 per cent, as they attempt to balance higher inflation and the need to stimulate economic growth.