Published 2 days ago • loading... • Updated 15 hours ago

The Bank of England’s trouble-free decision to cut interest rates

Summary by City AM

The Bank of England has long suffered from the accusation of groupthink. Reforms have been mooted – and some have been implemented – but it has struggled to shake off the charge. Economists at the Cato Institute and the National Institute of Economic and Social Research (NIESR) have, for example, pointed the blame at Threadneedle Street’s idiosyncrasies for the surge in inflation after Russia’s full-scale invasion of Ukraine. But as the City awa…

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Fixed 2025: Brisant Interest Rate Turnaround Surprises Savers – a Term Stands Out

Interest rates for fixed money vary greatly, depending on the maturity. Short maturities offer little, while long maturities drop more. However, there are risks.

2 days ago

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Kitco NEWS

XAU/GBP sells off after Bank of England cuts interest rates by 25 basis points

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

15 hours ago

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Upstract

FTSE 100 slips ahead of BoE rate decision, mixed earnings weigh on sentiment

20 hours ago

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FXStreet

EUR/GBP holds below 0.8750, all eyes on BoE rate decision

The EUR/GBP cross trades on a negative note near 0.8730 during the early European session on Thursday. The Euro (EUR) remains weak against the Pound Sterling (GBP) after the German Industrial Production data. All eyes will be on the Bank of England (BoE) interest rate decision later on Thursday.

24 hours ago

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currencynews.co.uk

Pound Sterling to Dollar Forecast: GBP Could Fall on Dovish BoE Rate Cut

The Pound-to-US Dollar exchange rate (GBP/USD) traded in a narrow range on Wednesday amid UK tax hike fears and a risk-on mood among investors. At the time of...

24 hours ago

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