TEXT-Bank of England's Monetary Policy Summary
BANK OF ENGLAND MONETARY POLICY SUMMARY, SEPTEMBER 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment.
Bank of England’s Monetary Policy Committee paused for a breath
Bank of England's Monetary Policy Committee keeps rates steady at 5.00% amidst divided views on policy action.
Bank of England holds rates at 5%
The Bank of England has held interest rates at 5 per cent after inflation remained steady in August, but indicated it may lower borrowing costs again as soon as November. The Monetary Policy Committee’s eight-to-one decision on Thursday came after it cut borrowing costs by a quarter point at its meeting last month.
The Bank of England has 'some room' to cuts rates but it's unlikely, economist says
Yael Selfin, chief economist at KPMG UK, discusses the country's inflation data and what it could mean for the Bank of England's decision.
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The Bank of England may have got a head-start on the Federal Reserve, but the tone from UK policymakers is still much more cautious. Click to read.
Bank of England leaves interest rates unchanged at 5%
Bank of England leaves interest rates unchanged at 5% - The next reduction in the cost of borrowing is now expected in November
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Text of the policy statement the Federal Reserve released Wednesday
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Text of Fed's Monetary Policy Statement
The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee ...
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Public sector pay deals risk keeping ‘mortgage costs higher for longer’
Workers’ demands for big pay rises risk prolonging the inflation crisis and forcing the Bank of England to keep interest ...