Bank of England hikes interest rates again but softens pace The Bank of England raised the benchmark rate by half a percentage point, to 3.5 per cent, the highest level… December 15, 2022 18:30 IST
UK economy shrinks as economists warn of more pain to come The Office for National Statistics said gross domestic product fell by 0.2 per cent between July and September, a smaller-than-expected… Updated: November 11, 2022 15:22 IST
Global Markets: Stocks and oil rally as China hints at COVID respite Economists expect 200,000 workers to have been added to US non-farm payrolls in October. November 4, 2022 18:13 IST
Bank of England makes biggest rate hike since 1989, sees inflation rising to 40-yr high; more hikes to follow The BoE estimates that Britain’s economy entered recession in the third quarter of 2022 and that the recession will last… November 3, 2022 17:58 IST
Bank of England steps in to calm markets, offers to buy long-term debt amid dire IMF warning “Global financial markets have seen significant volatility in recent days. The Bank has identified a risk from recent dysfunction in… September 28, 2022 18:59 IST
Bank of England eyes market turmoil, ‘will not hesitate’ to act Finance minister Kwasi Kwarteng sent sterling and government bonds into freefall on Friday with a so-called mini-budget that was designed… Updated: September 27, 2022 08:25 IST
Bank of England likely to raise key interest rate Economists expect the Bank of England to boost its key rate to 0.75% after Russia’s war in Ukraine pushed oil… Updated: March 17, 2022 17:16 IST
US Federal Reserve may go hawkish in June 16 monetary policy; US dollar index likely to touch 91.50 The market participants have a lot of expectations from 16th June US Fed monetary policy. Two key factors which Fed… June 12, 2021 11:32 IST
Caution pervades at four of world’s top central banks It is a sign of the caution that permeates the global economic outlook when four of the world’s top central… June 11, 2016 13:47 IST
Bank of England may need cash from foreign central banks as Brexit vote nears, IMF says The Bank of England may need to call on other central banks for foreign currencies if fears over Britain’s referendum… May 13, 2016 21:38 IST
Beer becomes Bank of England’s new tipple of choice The Bank of England is cutting down on wine and has started serving beer instead since Canadian Mark Carney… November 15, 2014 13:06 IST
