Silver surged past $90 an ounce for the first time ($92.14 +22.32%), and gold hovered near a record high as pressure on the Federal Reserve, expectations of further US rate
Silver surged past $90 an ounce for the first time ($92.14 +22.32%), and gold hovered near a record high as pressure on the Federal Reserve, expectations of further US rate
The Governor of the Bank of England has said he understands why many people feel the UK economy is “stuck” after a prolonged period of weak growth.
The Bank of England has cut interest rates in response to mounting signs of a prolonged slowdown in the labour market.
The Bank of England risks falling behind the curve on interest rate cuts and may be forced to “play catch-up” next year if it delays action as inflation continues to
UK inflation fell by more than expected in November, strengthening the case for the Bank of England to cut interest rates this week, according to official data.
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Goldman Sachs expects the Bank of England to cut interest rates next week, forecasting a 6–3 vote in favour of easing policy.
The Bank of England has cautioned that U.S. equity valuations are nearing their most elevated levels since the dot-com era, reflecting mounting anxiety over a potential downturn in AI-linked stocks.
The Bank of England now appears on course to deliver an interest rate cut at its 18 December meeting, supported by fresh evidence that inflation has peaked and underlying price
Markets See 73% Chance of December Rate Cut as UK Jobless Rate Climbs
The Bank of England is widely expected to cut interest rates in December, following today’s narrow 5–4 decision to keep borrowing costs on hold at 4%, with Governor Andrew Bailey
The Bank of England has kept interest rates on hold at 4%, as expected, following a closely split vote by its Monetary Policy Committee (MPC).