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Andrew Bailey

British interest rate remains at 5 percent

The British central bank, the Bank of England, leaves the interest rate unchanged at 5 percent. The decision follows a decrease in the British interest rate in July and was in line with expectations.
British interest rate remains at 5 percent

Rapid Cuts - Not if Powell Gets to Decide

Jerome Powell, the head of the US central bank Federal Reserve (Fed), is expected to try to calm down speculations about unusually rapid cuts in a speech at the annual symposium in Jackson Hole on Friday. But the direction is clear.
Rapid Cuts - Not if Powell Gets to Decide

United Kingdom lowers interest rate

The United Kingdom's central bank, the Bank of England, is lowering the interest rate by 0. 25 percentage points to 5.
United Kingdom lowers interest rate

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