The Bank of England (BOE) is set to announce its next interest rate decision on Thursday, June 19, 2025. This follows the recent cut that was seen in early May,
The Bank of England (BOE) is set to announce its next interest rate decision on Thursday, June 19, 2025. This follows the recent cut that was seen in early May,
Bank of England Governor Andrew Bailey has firmly denied suggestions of “groupthink” within the Monetary Policy Committee (MPC), following a rare three-way split in the latest vote on interest rates.
The Bank of England takes centre stage today as policymakers prepare to set interest rates against a backdrop of global trade tensions and a sluggish UK economy.
The UK’s benchmark FTSE 100 index closed higher on Friday, extending its longest-ever streak of gains.
The Bank of England is widely expected to cut interest rates by 0.25 percentage points to 4.25% at its meeting next Thursday. However, economists remain divided over whether the Monetary
Bank of England expected to launch aggressive rate-cutting cycle amid global trade fears
Britain’s stock market has achieved its longest daily gains since 2019, with the FTSE 100 closing nearly 8 points higher at 8,415—a rise of 0.09%. The index has risen for 10 consecutive trading
Global stock markets have shed $4.9 trillion (£3.8 trillion) in value since Donald Trump’s “liberation day” speech on Wednesday, according to an analysis by a stockbroker.
The Bank of England has kept UK interest rates steady at 4.5%, despite concerns that trade tensions could weigh on economic growth.
US stock markets moved higher in volatile trading as investors digested the latest jobs report and looked ahead to Federal Reserve Chair Jerome Powell’s speech later today.
Inflation surged at its fastest pace in 10 months in January, dealing a setback to expectations of a Bank of England interest rate cut in March.
Following policymakers’ recent decision to reduce borrowing costs, several major City banks predict that the Bank of England will slash interest rates again in May.