As it happened: FTSE 100 soars after Bank of England holds interest rates FTSE 100 Live Welcome back to City AM‘s FTSE 100 liveblog. Investors responded positively to the Bank of England’s widely tipped decision to leave interest rates unchanged at 3.75 per cent on Thursday. Bank of England Governor Andrew Bailey said that volatile energy prices caused by the Iran war will push inflation up further than its current 3.1 [...]
Bank of England should not adopt ‘aggressive’ rate cuts Economics In an interview with the Guardian, Governor Andrew Bailey said there was a chance that the Bank could become a "bit more activist" on rate cuts in the months ahead.
Two-year mortgage rates fall as markets brace for future interest rate cuts Property Two-year mortgage deals are becoming increasingly competitive as rates continue to fall faster than longer-term deals.
Traders short sterling as bets on Bank of England rate cuts grow May 8, 2024 Currency traders have been building up short positions on the pound in the hope that the the the Bank of England (BoE) will cut the base rate before the US's Federal Reserve (Fed).
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