Phew, that was a close shave. The economy may have slowed, but in the Bank of England’s view, the UK is likely narrowly to avoid the technical recession that seems to have engulfed Germany and the rest
ABUJA, Sept 20 (Reuters) - Nigeria’s central bank held its benchmark interest rate at 13.5%, its governor Godwin Emefiele said on Friday. Most analysts polled by Reuters had predicted the central bank
Brexit uncertainty and the slowdown in global growth has weakened the economy and made an interest rate cut more likely, the Bank of England has said. The central bank said interest rates would remain
The monetary policy committee voted unanimously to maintain the rate at 0.75%. It also voted unanimously to maintain its government purchases at £435bn. The Bank of England said underlying growth has but
The Bank of England cut growth forecasts on Thursday but refused to join the chorus of cutting by central banks around the world as policymakers held fire ahead of a possible no-deal Brexit. The nine-strong
FILE PHOTO: UK pound coins plunge into water in this illustration picture, October 26, 2017. REUTERS/Dado Ruvic/Illustration/File Photo LONDON (Reuters) - The pound edged higher on Thursday after the of
Brazil’s central bank cut its benchmark interest rate for a second straight meeting, as key reforms continue to move forward and spur hopes of a recovery in the country’s sluggish economy. The Selic rate
The Federal Reserve Bank of New York injected as much as $75 billion into money markets to quell a spike in interest rates that threatened the target range for the U.S. central bank's best-known benchmark.