Silicon Valley Bank Branches Closed by Regulator in Biggest Bank Failure Since Washington Mutual
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Bank 'optimistic' as it edges closer to summer cut
Its comments came as UK interest rates were left unchanged at a 16-year high of 5.25%.BBC News - Top stories -
Bank of England boss weighs in on UK economy row
Andrew Bailey told the BBC the recession was "mild" as figures on the economy are released Friday.BBC News - Top stories - United Kingdom -
Are the Bank of England’s external rate-setters pointless?
With charts, data and vibes, we will prove: eh, probably not, but maybe more than they used to beFinancial Times - Business -
Bank holds rate but says it's 'optimistic' things moving in right direction
The governor of the Bank says it needs to "see more evidence" of falling inflation before cutting the base rate.BBC News - Top stories -
Bank of England holds rates, stresses June cut depends on coming data
The Bank of England held interest rates as expected and said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal.CNBC - Business -
Poor labour market data causes problems for Bank of England
Gaps make it much harder to tell how fast inflationary pressures are recedingFinancial Times - Business -
FTSE 100 hits fresh record as Bank of England signals summer rate cut
The prospect of lower borrowing costs helped push U.K. stocks to a fresh record high on Thursday.MarketWatch - Business -
Weekly jobless claims jump to 231,000, the highest since August
Jobless claims totaled a seasonally adjusted 231,000 for the week ending on May 4.CNBC - Business -
FTSE 100 rides UK rate cut hopes to longest run of record highs since 2017
Financial Times - World - United Kingdom -
Regulators at last have oil-price fixing in their sights
The FTC’s ruling on Exxon-Pioneer deal shines a spotlight on the workings of Opec and industry executivesFinancial Times - Business