Banxico’s monetary policy statement revealed that the central bank could continue calibrating monetary policy and consider an additional 50 bps cut in subsequent meetings. According to the board, the ...

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...

The Bank of England has cut interest rates to 4.5 per cent, but painted a gloomy picture for the UK economy by halving its ...

Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

The base rate fell to 4.5 on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate. In Q4 2024, the CPI inflation was measured at 2.5% in the UK.

The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a ...

British companies' expectations for wage growth fell marginally in January and expectations for employment growth also ...

The Bank of England cut interest rates by a quarter-point, sparking surprise and disagreement among policymakers. While ...

The Bank of England cut its benchmark interest rate by 25 basis points to 4.5% on Thursday, marking its first rate reduction ...