Good afternoon, and welcome to MoneyWeek’s interest rates live blog. We’ll be covering everything you need to know about Thursday’s Bank of England policy meeting, before and after the headline ...
Central bank policymakers lowered rates to 5 percent amid lower inflation in Britain, but they warned that future rate cuts would come slowly. By Eshe Nelson Reporting from London The Bank of England ...
WASHINGTON, Oct 26 (Reuters) - The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, as commercial banks risk failing to keep up ...
The Bank of England’s core IT system, which settles £775bn worth of UK payments a day, experienced a major outage due to a “technical issue”. The Real-Time Gross Settlement (RTGS) system, which ...
The Bank of England has sounded the alarm, warning of an intensifying risk of a “sudden correction” in global financial markets driven by the spending frenzy on artificial intelligence. As Reuters ...
Officials kept rates at their highest level since 2008 for a seventh consecutive meeting, even as inflation dipped to 2 percent in May. By Eshe Nelson Reporting from London The Bank of England held ...
The Bank of England (BoE) has opted to keep its benchmark interest rate unchanged at 4%, holding steady as inflation remains above its 2% target. The decision will come as a disappointment to mortgage ...
LONDON, Nov 10 (Reuters) - The Bank of England on Monday proposed that issuers of widely used stablecoins be allowed to invest up to 60% of the assets backing them in government debt, part of a raft ...
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