The Latest Breaking News from Bank of England

Inflation very gradually easing but many households still struggling

Inflation very gradually easing but many households still struggling

US economy adds 150,000 jobs in October and previous months are revised lower, boosting investor expectations that the Fed won’t hike interest rates again

Governor Andrew Bailey said it was “much too early” to think about cuts to interest rates

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +1.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.49%. Stock indexes this morning are moderately higher, with the...

Monthly hikes in base rate may have stalled, but the cost-of-living squeeze has not gone away

The Bank of England kept its main interest rate unchanged at the 15-year high of 5.25% and indicated that borrowing costs will likely remain at these sort of elevated levels for a while yet especially if oil and gas prices increase sharply in light of the conflict between Israel and…

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.89%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +1.28%, both at 1-week highs. Stock index futures this morning are higher on hopes that global central banks are nearing the end of their interest rate increases....

Blue-chip corporate updates have helped to boost City confidence ahead of the latest Bank of England interest rates decision.

Bank of England voted 6-3 to leave interest rates at 5.25% today, but warns that monetary policy is likely to need to stay restrictive for some time

Inflation very gradually easing but many households still struggling