The Latest Breaking News from Bank of England

Consultancy firm Cornwall Insight says bills could drop by £268 a 16 per cent decrease – in line with the official price cap set by the UK's energy regulator Ofgem.

Labour say more than a million people face higher mortgage payments ‘after the Conservatives crashed the economy’

But the continued strength of the economy may encourage the Bank of England to keep interest rates higher for longer

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.15%. Stocks on Thursday settled mixed, with the S&P 500...

In a riveting global monetary saga, the US Federal Reserve boldly breaks from the pack, while the ECB and BoE uphold the 'higher for longer' doctrine in a ...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.2%. Earlier this morning the S&P 500 posting a 23-month...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. Stocks this morning are mildly higher, with the S&P...

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.59%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.48%, both at 23-month highs. Stock index futures this morning are extending Wednesday’s gains after the Fed signaled an end to its tightening campaign. The Fed also pivoted...

The Bank of England waltzes with market expectations, rolling the dice to hold rates steady. Will the roulette of 2024 see drastic cuts? Only time will tell.