Governor of the Bank of England Andrew Bailey has reaffirmed a ‘gradual and careful’ approach to any further interest rate ...

Bank of England's Huw Pill urges caution on rate cuts due to persistent inflation and weak economic growth, despite inflation edging lower to 2.5% in December.

The UK economy eked out some growth in the final quarter of last year largely helped by a surge in activity in December, data from the ONS showed on Thursday. With the market expecting a contraction, ...

Pill has given an interview to Reuters (published overnight) in which he has stated that the MPC needs to move "cautiously" when cutting rates.Note that Governor Bailey in the press conference noted ...

A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest ...

Catherine Mann, a member of the rate-setting Monetary Policy Committee, insisted a predicted rise in prices would likely just ...

Bank of England rate-setter Catherine Mann defended her sudden switch from a hawk to a dove and responded defiantly to veiled ...

The Bank of England's chief economist Huw Pill has cautioned against expecting rapid interest rate cuts this year, saying ...

The meeting of the Monetary Policy Committee (MPC) headed by the new RBI Governor Sanjay Malhotra was scheduled from February 5 to 7 and the credit policy decision was announced today. This is the ...

Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...