The Latest Breaking News from Bank of England

Goldman Sachs shakes things up by predicting Bank of England rate cut in May. Brace yourselves, Britain! The financial world just got interesting.

British inflation has slowed sharply to the lowest level in more than two years on falling petrol prices, official data showed Wednesday, easing a cost-of-living crisis after aggressive interest-rate hikes.

In a riveting global monetary saga, the US Federal Reserve boldly breaks from the pack, while the ECB and BoE uphold the 'higher for longer' doctrine in a ...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.2%. Earlier this morning the S&P 500 posting a 23-month...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. Stocks this morning are mildly higher, with the S&P...

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.59%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.48%, both at 23-month highs. Stock index futures this morning are extending Wednesday’s gains after the Fed signaled an end to its tightening campaign. The Fed also pivoted...

The Bank of England waltzes with market expectations, rolling the dice to hold rates steady. Will the roulette of 2024 see drastic cuts? Only time will tell.

With the base rate holding steady, here is a look at what it means for savers and borrowers.

The Bank of England held rates steady again Thursday with the European Central Bank expected to follow suit as inflation retreats, shifting investor attention to how fast policymakers will slash borrowing costs in 2024.