Explore

Bank of England to hold rates but energy shock stirs talk of a hike

Bank of England to hold rates but energy shock stirs talk of a hike

By Andy Bruce MANCHESTER, England, Sept 17 (Reuters) - The Bank of England looks set to keep interest rates on hold on Thursday but investors are watching for any hint that surging energy prices could force it to follow the example of the U.S.

Bank of England holds rates but appears ready to hike soon

Bank of England holds rates but appears ready to hike soon

The Bank of England is keeping the U.K.’s main interest rate unchanged at 3.75% even though inflation in the United Kingdom has risen to a five-month high as the fallout from the Iran war continues to ratchet up fuel prices

Bank of England sounds inflation alarm as it holds interest rates

Bank of England sounds inflation alarm as it holds interest rates

By Andy Bruce and David Milliken LONDON, Sept 20 (Reuters) - The Bank of England predicted British inflation will top 4% early next year as it held interest rates unchanged on Thursday, and Governor Andrew Bailey warned explicitly that prolonged conflict in the Middle East may require tighter policy

BoE's Bailey says outlook too uncertain to judge market bets on four rate hikes

BoE's Bailey says outlook too uncertain to judge market bets on four rate hikes

LONDON, Sept 17 (Reuters) - Bank of England Governor Andrew Bailey said on Thursday the outlook was too unpredictable when asked whether markets were right to price in almost four interest rate hikes over the next year, adding that his officials had not discussed that.

UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this year

UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this year

Inflation in the United Kingdom has risen to a five-month high, an increase that will pressure the Bank of England to hike interest rates again over coming months

Bank of England is keeping its main interest rate at 3.75% despite higher inflation

Bank of England is keeping its main interest rate at 3.75% despite higher inflation

The Bank of England is keeping the U.K.’s main interest rate unchanged at 3.75% even though inflation in the United Kingdom has risen to a five-month high as the fallout from the Iran war continues to ratchet up fuel prices

Shares and short-term yields edge up after Fed hike, focus turns to BoE

Shares and short-term yields edge up after Fed hike, focus turns to BoE

By Marc Jones and Stella Qiu LONDON/SYDNEY, Sept 17 (Reuters) - World shares shuffled higher and the dollar nestled at a seven-week high on Thursday, after the U.S.

Bank of England policymakers set out views on rates outlook

Bank of England policymakers set out views on rates outlook

LONDON, Sept 17 (Reuters) - The Bank of England left interest rates on hold at 3.75% on Thursday after a 6-3 vote among the members of its Monetary Policy Committee. Below are excerpts from comments made by individual MPC members.

Major central banks on tightening path amid energy price shock

Major central banks on tightening path amid energy price shock

By Stefano Rebaudo and Sophie Kiderlin Sept 17 (Reuters) - Major central banks are on a tightening path, with the Federal Reserve recalibrating its policy to a more restrictive stance on Wednesday, even as traders continue to price in a more aggressive policy response than projected in the U.S.

Morning Bid: A timely hike

Morning Bid: A timely hike

By Anna Szymanski Sept 17 (Reuters) - Stocks edged up early on Thursday as investors digested the Federal Reserve's first interest rate hike in three years. The central bank lifted the benchmark rate by a quarter point to 3.75%-4.00% and signalled more tightening to come.

Wall Street gyrates higher after Fed hikes interest rate to battle inflation

Wall Street gyrates higher after Fed hikes interest rate to battle inflation

By Stephen Culp and Tharuniyaa Lakshmi NEW YORK, Sept 16 (Reuters) - Wall Street fluctuated higher on Wednesday after the U.S.

UK jobs market stays soft before BoE rate call

UK jobs market stays soft before BoE rate call

By Andy Bruce and William Schomberg Sept 15 (Reuters) - Britain's jobs market stayed weak with vacancies at a four-year low and pay growth steady, according to data published two days before the Bank of England is expected to keep interest rates on hold despite mounting inflation pressure from the