Andrew Bailey says he is "following closely" whether Trump will change US support for the institutions.

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

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The base rate fell to 4.5 on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...

Bank of England Governor Andrew Bailey cautioned markets against reading too much into how policymakers voted this month ...

The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff ...

A gloomy growth forecast from the Bank of England has piled the pressure on Rachel Reeves ahead of a verdict from the Budget watchdog in March. The Bank of England cut interest rates but halved its ...

The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a ...