BoE voted 9-0 for Dec rate cut, mulled bigger move
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All nine members of the Bank of England's Monetary Policy Committee voted to cut interest rates by a quarter-point to 5.5 percent in December and even discussed whether slowing growth meant a bigger reduction might be needed.
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The Bank of England votes to leave rates unchanged at 5.25% after its two-day meeting.
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All nine members of the Bank of England&#39;s Monetary Policy Committee voted to leave base interest rates steady at 4.75 percent earlier this month, though some
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Investor's Business Daily - Steadfast or just stubborn? A day after the Federal Reserve slashed rates in an emergency move, the European Central Bank tried to squash any talk that it would follow suit.
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The Bank of England (BoE) has kept its key interest rate at a five-year high point of 5.00 percent, opting against a further rise after last month's quarter-point increase.
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The European Central Bank left intact its main interest rate at 4 percent, stepping away from a threat to raise rates, as the Bank of England cut its benchmark rate by a quarter-point, to 5.25 percent.
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The pound was firm across the board, with little on the radar ahead of Thursday&#39;s interest rate decision by the Bank of England (BoE).
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Bank of England committee unanimously backed cheaper borrowing costs earlier this month
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Bank of England policymakers voted unanimously to leave interest rates unchanged at 4.75 percent earlier this month and did not even consider a hike, official records showed, reinforcing expectations that borrowing costs are at or near a peak.
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The Bank of England held interest rates steady at 5.5 percent on Thursday, resisting calls for a cut amid mounting signs of a slowing domestic economy.
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Bank of England policymakers voted by 7-2 to raise British interest rates by a quarter of a percentage point to a five-year peak of 5.00 percent, minutes of their most recent meeting have shown.
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Members of the Bank of England have voted unanimously to freeze interest rates this month amid signs of a slowing housing market and falling inflation.
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MILLIONS of homeowners were given a boost yesterday after the Bank of England opted to keep interest rates at 4.75%. Economists had predicted the move after a string of surveys
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The Bank of England's Monetary Policy Committee was unanimous in its decision to raise rates, minutes of the meeting show.
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The Federal Reserve cut a key interest rate today, aiming to prevent turbulence in the housing and credit markets from slowing the U.S. economy.
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The pound held firm against the dollar and euro after a string of recent economic data continued to suggest that the Bank of England (BoE) will be forced to raise interest rates in the coming months to keep a stranglehold on inflation.
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All nine members of the Bank of England&#39;s Monetary Policy Committee voted to keep interest rates unchanged at 4.75 percent this month, and there seemed to be no discussion of raising borrowing costs.