Read more at CNBC.
Bank of England presses pause on rate cuts, highlights 'gradual approach'
Date: |
Topics
-
The New York Times - Business
Bank of England Holds Rates Steady but Signals Gradual Easing
The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.8 hours ago -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grown2 days ago -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.Yesterday -
Financial Times - Business
Bank of England holds rates at 5%
MPC indicates it may lower borrowing costs again as soon as November6 hours ago -
ABC News - World
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut8 hours ago - Federal Reserve -
BBC News - Top stories
Interest rates held at 5% but set to fall gradually, says Bank
Economists are betting on rates being held in September with a cut to come in November instead.5 hours ago -
ABC News - World
Bank of England widely expected to hold interest rates despite big US Fed cut
The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago7 hours ago - Federal Reserve
More from CNBC
-
CNBC - Business
The Fed has set out on a 'recalibration' of policy. Here's what Powell's new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn't in response to a substantial economic weakening.31 minutes ago - Federal Reserve -
CNBC - Business
August home sales drop more than expected, as prices set a new record
The median price of an existing home sold in August was $416,700, up 3.1% from August 2023.4 hours ago -
CNBC - Business
UAW warns of potential strikes at Ford, Stellantis a year after unprecedented work stoppages
The UAW has announced a strike deadline at a Ford tool and die plant that supports F-150 production as well as strike authorization voting at Stellantis.3 hours ago -
CNBC - Business
Trump Media shares slide with DJT sale restrictions set to lift
Donald Trump, the majority shareholder of Trump Media and the biggest name on Truth Social, said he has no plans to sell his DJT stock when the lockup ends.2 hours ago - Donald Trump -
CNBC - Business
Largest port on U.S. East Coast, New York/New Jersey, begins prepping for what could be first union strike since 1977
A deadline of Oct. 1 for a new deal between port workers and ownership is approaching, and after talks broke down during the summer, tensions are high.28 minutes ago