News

It’s a new era of central-bank dissent with a whiff of stagflation in the air

It’s an era of unprecedented central bank dissension — and agreement is hard to find when the goals are in conflict.

Shock Bank of England split on rates exposes precarious state of UK economy

If the country learnt anything about the economy on Thursday, it was that even the Bank of England’s most senior officials ...

The Bank of England has rarely been this split over price pressures

LONDON: Last week's interest-rate cut at the Bank of England (BoE) has been perhaps the most divisive yet under Andrew Bailey ...

Investors expectations for Bank of England QT edge lower

Investor expectations for Bank of England quantitative tightening in the 12 months from October edged lower to a median 72 ...

Bank of England cuts rates to 4% in tight vote

The Bank of England lowered interest rates by a quarter point to 4 per cent on Thursday, but the knife-edge vote and higher inflation forecasts prompted investors to rein in bets on further cuts.

Rachel Reeves is celebrating the Bank of England's interest cut – but behind the scenes she has little to cheer

The Bank of England has cut the interest rate to 4% in its fifth reduction so far this year. On the other hand, though, the ...

Fed's Powell has 'utmost integrity', says Bank of England's Bailey

U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, ...