Bank of England cuts key interest rate by 25 basis points to 3.75% post MPC vote split Data released earlier this week showed a cooling labour market, with job vacancies continuing to decline and the UK unemployment… December 18, 2025 19:16 IST
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
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 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
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
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 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
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 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 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
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
Employee files ITR using Form 16, gets Rs 51.2 lakh tax penalty; ITAT ruling offers key lessons for taxpayers
‘Learn Marathi if you want to work in Maharashtra’: Govt doubles down on language mandate for auto, taxi drivers
‘Remove Uber, Ola, Rapido apps’: Maharashtra govt issues notices to Apple and Google amid tussle over bike-taxis