Bank of England Signals Potential Shift Towards Easier Monetary Policy Amid Falling Inflation
On March 21, the Bank of England (BOE) maintained its interest rate at 5.25%, a decision that was largely anticipated by the market.
Read MoreOn March 21, the Bank of England (BOE) maintained its interest rate at 5.25%, a decision that was largely anticipated by the market.
Read MoreThe Bank of England (BoE) convened for its February 2024 meeting and made the pivotal decision to maintain the benchmark interest rate at 5.25%.
Read MoreOn Thursday, the dollar maintained a steady position, close to a six-week peak, as investors waited for key economic data, including the first reading of the US Gross Domestic Product (GDP) for the fourth quarter which is expected to reveal a 2% annualized growth.
Read MoreIn its December 14, 2023 meeting, the Bank of England (BoE) emphasized a continued restrictive monetary policy, maintaining the Bank Rate at a 15-year peak of 5.25%.
Read MoreThe Bank of England (BoE) rose interest rates by 50 bps to %3.50 in the last meeting of 2022.
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