Central bank policy decisions will remain key drivers for moves in currencies over the next few months and Goldman Sachs expects the Bank of England (BoE) will cut in June. The Pound to Dollar ...

The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% with several policymakers still worrying about some key inflation measures ...

The Bank of England kept its key interest rate unchanged at a 16-year high, but indicated that it is on course to join its European peers in cutting rates over the coming months.

What is the current base rate? The current Bank of England base rate is 5.25%. It has remained the same since August 2023. The chart below shows how the base rate has changed since the the financial ...

The Monetary Policy Committee voted 7-2 to leave UK interest rates on hold at 5.25% - but the change in the vote will be seen as a further sign that they could be coming down soon, perhaps even next ...

The Bank of England on Thursday kept its main interest rate on hold following a monetary policy meeting, insisting it was not yet the right time to cut with inflation staying high.

Bank of England’s Chief Economist Huw Pill expressed on Tuesday that it might be “not unreasonable” for the central bank to start contemplating a reduction in interest rates over the summer if current ...

In its latest Monetary Policy Committee meeting, the Bank of England again voted to keep interest rates steady at 5.2pc, however, forecasters predict an eventual shift is on the horizon.

The Bank of England has again voted to keep the base rate at 5.25%. It's the sixth time in a row that the Bank's Monetary Policy Committee has opted to keep the base rate unchanged. Before this, there ...

The Bank of England has held the base interest rate at 5.25%. Of the nine members of the Monetary Policy Committee - which makes the decision - seven voted to hold, and two to cut.

The labour market is rebalancing and inflation is on a “benign” path, a Bank of England official has said, boosting hopes that interest rates could come down next month. Megan Greene, an external ...

Investing.com -- The Bank of England has left its key rate of interest unchanged at 5.25%, as officials mull over whether signs of easing inflation in the U.K. give them room to vote in favor of ...