Band of England may cut interest rate to 4.0% despite rising UK inflation, as slowing GDP and labor data weigh on monetary policy outlook.

“Recent monetary policy committee (MPC)-speak has leaned dovish, although it has been light,” said Jamie Searle, rate strategist at Citi. “The tail risk is that this MPC has shown in recent years that ...

The Kenya Bankers Association has called for a further reduction of the base lending rate by the Central Bank of Kenya ahead ...

The Bank of England holds its latest vote on interest rates today and is expected to announce a cut, in a potential future boost to mortgage holders but a disappointment to savers. Markets are widely ...

Threadneedle Street is set to cut interest rates from 4.25% to 4%, which would mark the fifth cut in the BoE’s gradual easing ...

Economists and industry experts think that a weakening economy will force the MPC to stick to its cutting schedule in spite ...

The EUR/GBP cross trades on a negative note near 0.8730 during the early European session on Thursday. The Euro (EUR) remains weak against the Pound Sterling (GBP) after the German Industrial ...

The Bank of England is expected to trim the benchmark interest rate to 4.0%.

The Reserve Bank of India’s Monetary Policy Committee (RBI-MPC) on Wednesday decided to keep the repo rate unchanged at 5.50 ...

Governor Mr. Sanjay Malhotra announced Panchayat-level Jan Dhan camps, standardised claim procedures for accounts and lockers, and Systematic Investment Plans (SIPs) in treasury bills to strengthen ...

RBI governor Sanjay Malhotra kept the repo rate unchanged at 5.50 per cent while maintaining the stance as neutral.