Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The bank now predicts that the British economy will only grow by 0.75% this year, ...
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
House prices rose just a day after the Bank of England cut interest rates for the first time this year in a boost for the ...
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...
Most economists had already predicted the nine-member Monetary Policy Committee (MPC) would lower the bank's main interest ...
British companies' expectations for wage growth fell marginally in January and expectations for employment growth also ...
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday, even though ...
US stocks rose on Thursday as investors digested company earnings and awaited e-commerce giant's Amazon (AMZN) results due ...