The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S.

On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...

The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.

The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...

Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...

The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis ...

as it prefers to change interest rates at meetings where it delivers its monetary policy reports. Hence the first-rate cut came in August, and the market expects the second rate cut in November," ...

LONDON (AP) — Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut.

The Bank of England has a target to keep inflation ... In June, the European Central Bank (ECB) cut its main interest rate from an all-time high of 4% to 3.75%, the first drop in five years.

America’s central bank, is gearing up for a cut to its benchmark interest rate this week — the first since March 2020. When rates change, the effects don’t just ripple through the economy ...

The Federal Reserve made a highly anticipated cut to the benchmark interest rate on Sept ... Jerome Powell has made it clear that the central bank will do what's necessary to move toward its ...

Uncertainty over the size of an initial interest rate cut expected Wednesday from the Federal Reserve has sparked a related debate over the possibility of an accelerated halt to the central bank ...