(Bloomberg) -- A spell of global interest-rate divergence is in store as central banks feel their way through the economic fog stoked by Donald Trump’s second year at the White House. The cycle of ...
The Bank of England (BoE) has cut interest rates from 4 per cent down to 3.75 per cent, the fourth rate cut of the year as inflation continues to ease. Monetary Policy Committee (MPC) members voted ...
The nine-member MPC voted by a majority of 5–4 to reduce the key interest rate, the "Bank Rate," by 25 basis points rather than keeping it on hold. The voting is a reflection of the "finely balanced ...
LONDON, July 24 (Reuters) - The pace of central bank rate cuts is slowing as early movers near the end of their easing cycles while sticky inflation keeps others cautious. Politics both domestic and ...