As most central banks continued down a less restrictive path with interest rate cuts, markets shifted focus toward monetary policy guidance and tone, in particular the cautious stance from the U.S.
The cut should feed through relatively quickly to the 1.5 million homebuyers with mortgages that track the Bank of England base rate, giving these individuals a noticeable boost. However, it is likely ...
LONDON - After reaching its highest level in decades in mid-2022, inflation in the United States and the eurozone fell sharply over the second half o ...
The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.