Rates are now at their lowest since March 2023 even though inflation is well above target.

The Bank of England has cut its main interest rate by a quarter percentage point to 4%, as policy makers seek to bolster the ...

The Bank of England cut interest rates by a quarter point to 4% Thursday, after a historic split among the Monetary Policy ...

Bank of England Governor Andrew Bailey said in a press conference that interest rates would not be cut “too quickly or by too ...

Interest rates have been slashed to 4% this afternoon, marking the fifth cut since last August - and taking the cost of ...

The Bank of England lowered its key interest rate for the fifth time in a year as it seeks to balance a recent pickup in ...

By contrast, the European Central Bank expects inflation in the euro zone to hold below 2%. It has cut borrowing costs eight ...

The Bank of England decided to cut interest rates by 25 basis points, making it the fifth cut in this cycle as the UK economy ...

The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against ...

The Bank of England has narrowly backed an interest rate cut in a knife-edge move after it had to vote twice to reach a ...

Bank of England cuts main interest rate by a quarter percentage point to 4%, lowest since March 2023.