The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, citing concerns about stagnant growth. The decision was made by the Monetary Policy ...
Paul Noble, CEO of Chetwood Bank, cautioned: "Savers should take this as a reminder that the window for securing the best ...
GBP/USD shuddered on Thursday, punching in a technical rejection from key averages and testing below the 1.2400 handle. The ...
Tariff threats switched on and off, Bessent laser focussed on the 10yr yield, and next up is payrolls Friday. Meanwhile, a ...
INVESTORS grappled with a gloomy set of Bank of England forecasts on Thursday that complicate the outlook for UK assets, with sterling set for its biggest one-day fall in four weeks even as bond ...
The Leander district announced cuts to at least 200 campus-level staff positions in an effort slash a projected $34.4 million ...
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
AstraZeneca's strong results boosted the FTSE 100 to a record close, aided by the Bank of England's rate cut. The BoE's ...
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.
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
Another wild week is taking a breather today, with much of the price action of the previous days reversed: Precious metals ...
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff ...