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Tag: BX:TMBMKGB-02Y

At a peak? Bank of England makes 5-to-4 vote to pause interest rates

At a peak? Bank of England makes 5-to-4 vote to pause interest rates

September 21, 2023September 21, 2023 · Breaking News

The Bank of England decision promised to be a cliff hanger, and it was, even for the nine people deciding what to do. Breaking a string of 14…

Read more At a peak? Bank of England makes 5-to-4 vote to pause interest rates
Bank of England hikes interest rates by quarter-point in 11th consecutive increase

Bank of England hikes interest rates by quarter-point in 11th consecutive increase

March 23, 2023March 23, 2023 · Breaking News

The Bank of England on Thursday matched the U.S. Federal Reserve by hiking interest rates by a quarter percentage point. The 7-2 decision, the eleventh consecutive increase, brings…

Read more Bank of England hikes interest rates by quarter-point in 11th consecutive increase
Bank of England slows rate hike pace to a half point

Bank of England slows rate hike pace to a half point

December 15, 2022December 15, 2022 · Breaking News

The Bank of England on Thursday slowed the pace of interest-rate hikes down to a half point, as the U.K. central bank balances a need to fight inflation…

Read more Bank of England slows rate hike pace to a half point
Bank of England matches Fed with 75 basis point hike in biggest move in three decades

Bank of England matches Fed with 75 basis point hike in biggest move in three decades

November 3, 2022November 3, 2022 · Breaking News

The Bank of England made its largest interest-rate increase in three decades in response to inflation that the central bank still expects to accelerate. By a 7-to-2 vote,…

Read more Bank of England matches Fed with 75 basis point hike in biggest move in three decades
Bank of England matches Fed with 75 basis point hike in biggest move in three decades

As bond yields spike, Bank of England widens U.K. market intervention in second effort this week to calm volatile markets

October 11, 2022October 11, 2022 · Breaking News

The Bank of England said Tuesday that it will expand its daily U.K. bond purchase operations to include index-linked gilts, the second move this week aimed at trying…

Read more As bond yields spike, Bank of England widens U.K. market intervention in second effort this week to calm volatile markets
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