Bank of England

Bank of England cuts main interest rate by 0.25% to 4.25% in face of US tariff uncertainty

Bank of England cuts interest rates to 4.25% due to global growth concerns stemming from Trump’s tariff policies, despite some…

May 8, 2025 16:55 IST

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RBI monetary policy, 90 years on

The conduct of monetary policy has changed, but its broad objective of managing interest rates and money supply remains unchanged.

April 1, 2025 01:00 IST

RBI, RBI MPC Meet, MPC, repo rate, interest rate, Shaktikanta Das, inflation, GDP growth

RBI moves 100 tonnes of gold from UK to its vaults in India, first since 1991

The Bank of England has traditionally served as a repository for a great deal of central banks, including India, with…

May 31, 2024 12:43 IST

UK inflation falls by more than expected in February, triggering talk of lower interest rates

The Office for National Statistics said inflation, as measured by the consumer price index, fell to 3.4%, its lowest level…

Updated: March 20, 2024 14:40 IST

US Fed, Bank of Japan, Bank of England, interest rate, inflation, interest rate decision, economic data

Data heavy week ahead: US Fed, Bank of Japan, Bank of England to announce interest rate decisions

The US Fed, during its last meeting in December 2023, had announced to keep its benchmark interest rates unchanged, signalling…

March 18, 2024 13:24 IST

US Fed, US Federal Reserve, FOMC, interest rate, rate cut, inflation, central banks, economy, monetary policy

Data heavy week for global economies: All eyes on global central banks and their rate decisions

The question is whether they will go with monetary policy tightening, or will cut the repo rate or will continue…

September 18, 2023 16:16 IST

Bank of England set to join Fed in raising interest rates again amid high UK inflation

Most economists think the UK central bank will increase its benchmark rate by a quarter of a percentage point, to…

Updated: August 3, 2023 15:04 IST

UK inflation falls by more than anticipated to 15-month low of 7.9 per cent; may limit interest rate hikes

The Office for National Statistics said that inflation, as measured by the consumer prices index, fell to 7.9 per cent…

Updated: July 19, 2023 15:06 IST

Bank of England says UK economy coping with higher rates

The BoE has raised rates sharply, taking them to 5% last month from 0.1% at the end of 2021, raising…

Updated: July 12, 2023 12:47 IST

UK economy makes weak start to 2023 as inflation weighs

Friday’s figures showed no change to the Office for National Statistics’ (ONS) initial estimate of 0.1% quarterly gross domestic product…

Updated: June 30, 2023 14:52 IST

ECB, borrowing costs, inflation, monetary policy, economic weakness, mortgage crisis, Bank of England, rate hikes, unemployment, economic forecasts

ECB officials gather in Sintra amid strain over hiking journey’s last mile

Having lifted borrowing costs by 400 basis points since they last assembled in the Portuguese hillside resort of Sintra, President…

June 26, 2023 12:52 IST

Bank of England, rate hike, inflation, BOE minutes meeting

Shocker from Bank of England! Central bank raises rates by 50 bps, warns to hike again

Markets had priced in only a 40% chance of a half-point hike, with most economists anticipating a quarter point.

June 22, 2023 17:38 IST

Bank of England, Bank of England news, Turkey, Turkey news, Turkey Central Bank, UK, United Kingdom, United Kingdom news, England, England news, Interest rates, Inflation news, UK Inflation, UK inflation news

Bank of England hikes rates to 5% in surprise move to tackle stubborn inflation

Britain’s economy – which was hit by the shock of Brexit as well as the COVID-19 pandemic and the surge…

Updated: June 22, 2023 17:01 IST

asia, asia stocks, asia market, asia shares news, jerome powell, jerome powell news, Bank of England

Asia stocks fall as Jerome Powell sticks to hawkish tone on interest rates; eyes on BoE

The index is down around 2.7% for the week, the worst since early March.

June 22, 2023 15:20 IST

Bank of England to hike rates against inflation, causing trouble for borrowers

Turkey’s central bank also was expected to raise rates Thursday in what could signal a turnaround from unusual economic policies.

Updated: June 22, 2023 14:07 IST

Bank of England, UK interest rate, economy, inflation, Monetary Policy Committee, investors, mortgage costs, borrowing costs, quantitative easing, financial crisis, Goldman Sachs

BOE hike seen as certain after inflation shock: Decision Guide

Economists and investors expect the Monetary Policy Committee to push ahead with another quarter-point increase in Bank rate to 4.75%,…

June 22, 2023 09:44 IST

UK inflation higher than expected for fourth month in a row; CPI inflation at 7.1% puts pressure on BOE

The Consumer Prices Index rose 8.7% from a year ago in May, the same as the month before, the Office…

June 21, 2023 12:30 IST

Reportedly, Mastercard has created a CBDC debit card

BOE a step closer to launching digital pound after project Rosalind study

The report from the experiment found that a CBDC could make payments between individuals

June 19, 2023 16:50 IST

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Govt extended ITR AY 2025-26 deadline, but only 4.56 crore returns filed so far

China exits Pakistan’s $60 billion CPEC flagship project; Islamabad turns to ADB for funding

China exits Pakistan’s $60 billion economic corridor project; Islamabad turns to ADB for funding

Green Cards, H-1B visas, F-Visa, foreign students, US Visa fees, legal immigration

US tightens rules for Green Cards and H-1B visas

Laura Loomer said that Americans may no longer have to press a number to listen in English when calling customer care as Trump is mulling blocking outsourcing work to Indian IT companies.

Trump mulling blocking IT outsourcing, says Laura Loomer, pushes to ‘make call centres American again’

iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max price in India, US leaks ahead of September 9 launch: Check details

The human cost of Artificial Intelligence

Life21 min ago

Technology has brought people closer together, but with the rise of AI, online gaming, and viral challenges, new vulnerabilities have emerged. Chatbots, AI companions, and gaming platforms have been linked to mental health issues and even deaths. Regulators are struggling to keep up, but companies must take responsibility for the potential harm their products can cause.

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