Bank cuts interest rates to 5.25%
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The Bank of England's Monetary Policy Committee cuts interest rates to 5.25% from 5.5%.
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The Federal Reserve cuts US interest rates to 3.5%, a shock three-quarters of a percentage point reduction.
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The Bank of England left its key interest rate at 5.75 percent on Thursday and said it was &quot;too soon&quot; to judge the full economic disruption of the ongoing global credit squeeze.
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Business & money: Bank of England contemplates a fifth rise in interest rates in less than 12 months to tackle inflation.
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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 Federal Reserve is preparing to meet to decide whether US interest rates should be cut from 5.25%.
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Bank of England raises interest rates by a quarter point to 5.75%, their highest level for six-and-a-half years.
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The Bank of England's rate-setters keep interest rates unchanged at 5.25%.
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FRANKFURT, Germany -- The European Central Bank held its key interest rate steady at 4 percent while the Bank of England cut its benchmark rate by a quarter percentage point to 5.25 percent on Thursday.
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London equities  ticked lower on Thursday, with the Bank of England&#39;s monetary policy committee increasing interest rates by 25 basis points to 5.75 per cent, in line with expectations.
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The Federal Reserve cuts US interest rates from 4.25% to 3.5%, to boost confidence after stock market slides.
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Policymakers at the Bank of England voted 6-3 to raise UK interest rates to 5.75% this month, minutes show.
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The Bank of England raised its key rate by a quarter point to 5.75 percent, while the European Central Bank left its benchmark interest rate at 4 percent.
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Business & money: Bank of England's governor wanted to raise rates to 5.75% this month but was out-voted, monetary policy committee minutes show.
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Short-term interest rates were raised for the fifth time this year on Tuesday. The Federal Reserve has hiked the base rate a quarter-point to 2.25-percent.
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The European Central Bank held its key interest rate steady at 4 percent while the Bank of England cut its benchmark rate by a quarter percentage point to 5.25 percent.
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The Bank of England raises UK interest rates to 5.75%, warning that pricing pressures remain elevated.