Increased tariffs raise prices in the country that imposes them, and reduces economic activity in the country they target.

Bank of England Governor Andrew Bailey said on Thursday that the central bank would have be careful about cutting interest rates because the fall in inflation pressures has been very gradual. "We have ...

The Bank of England kept interest rates steady, as major economies confront a nasty mix of faltering economic growth, rising inflation and tariff threats.

T he Bank of England has left interest rates unchanged at 4.5%, with the Monetary Policy Committee (MPC) voting 8-1 in favor ...

The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.

And the day's central bank decisions have wrapped up as the Bank of England, like Sweden's Riksbank, kept rates unchanged, with the BOE voting 8 to 1 to leave rates at 4.5%. The Swiss National ...

Markets are ramping up bets on interest rate cuts after the US president sparked a trade war and fears of global recession.

The European Central Bank has pushed back against calls to loosen rules for eurozone banks despite fears they could fall ...

The Bank of England has kept the central interest rate at 4.5%, with policymakers warning of increased uncertainty over global trade due to new US tariffs. Eight of the nine members of the Bank's ...

The Bank of England on Thursday announced its latest interest rate decision, warning of increased global uncertainty.

The Bank of England looks set to keep interest rates on hold on Thursday as it awaits the impact on the economy of U.S. President Donald Trump's trade tariff onslaught and of the British government's ...