Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.

Nationwide is lowering its standard mortgage rate (SMR) by up to 0.25% following the base rate cut earlier today.

It’s an era of unprecedented central bank dissension — and agreement is hard to find when the goals are in conflict.

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's governor has warned that rising food prices could push up inflation to 4 per cent, after another cut to interest rates.The Monetary Policy Committee voted 5-4 for a drop of 0.25 ...

Its historic, knife-edge decision to cut interest rates captured headlines on Thursday, but the Bank of England could be ...

COMMENT: The flagging UK economy will get a badly needed boost from the Bank of England’s third rate cut of the year – but, ...

The U.S. dollar rose on Thursday after Bloomberg News reported that Federal Reserve Governor Christopher Waller is emerging ...

The Bank of England cut interest rates on Thursday but four of its nine policymakers - worried about high inflation - sought ...

The Bank of England's recent interest rate cut led to a rise in British bond yields, boosting the pound. However, inflation ...

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 a cooling jobs market. Stock futures rose and global markets gained after ...

Stocks are rising on Wall Street, even as President Donald Trump's latest tariffs take effect on dozens of countries.