WEATHER ALERT
Bank of England holds interest rates and hints of increases as Iran war jolts inflation outlook
Read full article: Bank of England holds interest rates and hints of increases as Iran war jolts inflation outlookThe Bank of England is holding its main interest rate at 3.75% in the wake of the oil and gas price hikes following the start of the Iran war.
Bank of England maintains interest rate at 3.75% with inflation still above target
Read full article: Bank of England maintains interest rate at 3.75% with inflation still above targetThe Bank of England is keeping its main interest rate unchanged at 3.75% with U.K. inflation remaining above target and economic growth is showing signs of picking up.
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
Read full article: Bank of England halves UK growth projection and cuts main interest rate to 4.50%The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate for the third time in six months.
Bank of England keeps main interest rate on hold at 4.75% after inflation spike
Read full article: Bank of England keeps main interest rate on hold at 4.75% after inflation spikeThe U.K.’s central bank is keeping interest rates on hold as inflation moves further above its target rate, even though the British economy is flatlining at best.