If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC's Steve ...

THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...

Andrew Bailey says he is "following closely" whether Trump will change US support for the institutions.

Bank of England Governor Andrew Bailey cautioned markets against reading too much into how policymakers voted this month ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

The value of the pound has sunk sharply as the Bank of England signalled there would be more interest rate cuts later this ...

"We expect to be able to cut bank rate further as the disinflation process continues, but we will have to judge meeting by ...

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

The quarter-percentage-point reduction to 4.5% was in line with expectations.But investors were surprised by two officials ...

The Bank of England cut interest rates by 25 basis points, even though rate-setters said they expected inflation to rise this ...

The Bank of England has lowered interest rates and halved its growth forecast for the year. Two officials surprised markets ...

Interest rates are now at their lowest level since June 2023 as governor Andrew Bailey says the Bank expects to be able to ...