Published 09/19/2024 11:02:36 a.m.

Bank of England holds interest rates steady after August cut

The Bank of England has decided to keep interest rates steady after an initial cut in August, despite the U.S. Federal Reserve's significant rate cut.
Allan Monks from JP Morgan and Frederik Ducrozet from Pictet Wealth Management remarked that the Federal Reserve's actions won't directly influence the Bank of England's decisions.
The decision was confirmed by the Bank of England and is seen as a cautious move amidst wider economic changes.

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The Independent

UK interest rates – live: Bank of England set to reveal next decision

Economists expect Monetary Policy Committee to keep rates on hold

09/19/2024 8:44:52 a.m.·London, United Kingdom

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Reuters

Bank of England keeps rates at 5%, extends 100 billion pound bond reduction plan for another year

By Andy Bruce and David Milliken

09/19/2024 11:02:36 a.m.·United Kingdom

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Associated Press News

Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut

The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S.

09/19/2024 8:54:22 a.m.·United States

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Global News

Bank of England holds key rate after U.S. Fed makes 1st cut in 4 years

The Bank of England kept its benchmark interest rate on hold at five per cent on Thursday, mere hours after the U.S. Federal Reserve had delivered an oversized rate cut.Read More The post Bank of England holds key rate after U.S. Fed makes 1st cut in 4 years appeared first on Drudge Report.

09/19/2024 12:35:15 p.m.·Toronto, Canada

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abc News

Bank of England widely expected to hold interest rates despite big US Fed cut

The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago

09/19/2024 8:54:21 a.m.·United States

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