Bank of England holds interest rate at 5 per cent despite US Fed rate cut | Future UK rate outlook
The Bank of England has maintained its interest rate at 5%, contrasting with the US Federal Reserve’s rate cut to 4.8%. Inflation concerns in the UK, particularly in the services sector, have driven this cautious approach.
19 Sep 12:50 · India TV
Bank of England holds rate
The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago.
19 Sep 08:00 · Castanet
Bitcoin surges past $62K following FOMC’s 50bp rate cut
Bitcoin rallied past the $62,000 mark following the U.S. Federal Reserve's decision to slash borrowing rates, marking the first cut in four years
19 Sep 07:18 · crypto.news
Bank of England widely expected to hold interest rates despite big US Fed cut
The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago.
19 Sep 01:55 · The Seattle Times
How The Fed’s Interest-Rate Cuts Could Impact The Labor Market
The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed focus on supporting the job market.
19 Sep 00:00 · Forbes
USD/CHF rebounds slightly, yet prints losses following Fed’s cut
The USD/CHF recovered after whipsawing after the Federal Reserve lowered borrowing costs by 50 basis points (bps), though it reaffirmed its data-dependent stance, according to Chairman Jerome Powell.
18 Sep 21:02 · FXStreet
Fed cuts rates by half point in decisive bid to defend economy
Committee sees another half-point of cuts in rest of 2024.
18 Sep 18:26 · Moneyweb
last updated on 19 Sep 23:51