Bank of England cuts rates, sees weaker growth and inflation spike
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.
The Governor of the Bank of England has urged continued US support for two major global economic institutions. Andrew Bailey ...
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...
The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...
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