Bank of England Raises Key Rate
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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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Bank of England policymakers voted 9-0 in September to hold the central bank&#39;s key interest rate at 5.75 percent, according to minutes of the meeting published on Wednesday.
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BEIJING, Aug. 19 (Xinhuanet) -- Bank of England policy-makers voted unanimously to raise the interest rates by a quarter point this month, as economic growth outstripped supply capacity, according to the minutes of the Monetary Policy Committee (MPC) ...
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Bank of England policymakers voted 6-3 in favour of raising British interest rates by a quarter-poiont to 5.75 percent in July, minutes of their latest meeting showed on Wednesday.
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The pound crept up against the dollar and euro on Monday after a slight rise in producer prices was interpreted by investors as a sign that the Bank of England (BoE) will be forced to raise interest rates.
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The Bank of England is expected to hold rates at 5.5% after its latest meeting, but a rise remains a possibility.
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The Bank of England is expected to keep interest rates at 5.25%, but another rise remains a possibility.
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There is a "strong possibility" interest rates in the UK will rise in February, according to an overview business survey.
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Sterling was slightly firmer against the dollar after strong housing mortgage and money supply data fuelled speculation that the Bank of England (BoE) will be forced to hike its key borrowing rate.
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The pound was firmer after a raft of strong data this morning increased the likelihood that the Bank of England will hike interest rates soon.
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The bank raised its benchmark interest rate to 3.75 percent, and made clear that it was willing to tighten credit further.
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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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Bank of England policymakers are set to increase on Thursday British interest rates to 5.75 percent, a six-year high, as Britain&#39;s economy grows faster than expected, analysts said.
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The Bank of England should raise interest rates four more times by the end of next year, taking its main interest rate to 5.75 per cent, according to the Organisation for Economic Co-Operation and Development.
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The Bank of England's decision to raise rates by a quarter of a point in May was unanimous, minutes show.
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The Bank of England's Monetary Policy Committee is tipped to put up interest rates to 5.75%.
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FRANKFURT, Germany- The European Central Bank raised its key interest rate a quarter point to 3.75 percent Thursday and set the stage for another hike, in a move aimed at keeping inflation contained amid strong ...Comment