The Monetary Policy Committee (MPC) approved the interest rate decision with a 5-4 vote. Five members supported a 25 basis point cut, two members advocated for a more significant cut (50 basis points) ...

The Bank of England cut rates, highlighting a growing gap in how global central banks and the Federal Reserve are approaching ...

The Bank's Monetary Policy Committee - led by Governor Andrew Bailey (pictured) voted by a 5-4 margin to cut the base rate ...

The Bank of England cut its main interest rate by 0.25 percentage points to 4.25% on Thursday, though with an unexpected ...

The Bank of England cut interest rates to counteract the economic effects of U.S. tariffs. However, a split among ...

The Bank of England cut interest rates on Thursday, although the uncertain impact of U.S. President Donald Trump's tariffs on ...

The Bank of England is widely expected to look past near-term inflationary pressures in the British economy and opt to cut ...

The BOE's Monetary Policy Committee lowered the rate to 4.25% on Thursday from 4.5%, the bank's fourth cut in seven meetings. The move brings its total reduction in borrowing costs in line with that ...

In a quarterly forecast update on Thursday, the BoE trimmed its expectation for inflation this year, seeing it peaking at ...

Reserve Bank of Malawi (RBM) has maintained the policy rate at 26 percent as it forecasts inflation to average 27 percent ...

Photo: Federal Reserve Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee ...

For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...