Bank of England
U.K. inflation rate rises less than expected
U.K. inflation picked up less than economists forecast in January as clothing-store discounts kept the rate from reaching the Bank of England’s target.
This present darkness
Before he died in 2015, the late Professor Stephen Ellis wrote his last book titled ‘This Present Darkness: A History of Nigerian Organised Crime’. Going through this book left me with several thoughts, most of them unpleasant.
Bank of England freezes rate awaiting Brexit fallout
The Bank of England said Thursday it was keeping its key interest rate at a record-low 0.25 percent, with no indication that the Brexit vote outcome was hurting the economy.
Pound slips on central bank's post-Brexit stimulus
The pound dropped below $1.30 in Asia on Tuesday as the Bank of England's post-Brexit interest rate cut and surprise stimulus weighed on the unit.
European stocks climb, pound plunges after BoE stimulus
European stocks shot higher and the pound plunged after the Bank of England cut interest rates and announced an additional £170 billion of stimulus to counter Brexit fallout.
US stocks flat after Bank of England stimulus
Wall Street stocks opened flat Thursday after the Bank of England enacted a more aggressive monetary stimulus package than analysts expected.
Dollar slips ahead of US jobs data, BoE meet in focus
The dollar was under pressure Thursday as upbeat jobs data did little to boost hopes for a US interest rate rise, while traders also eyed a Bank of England meeting.
Pound gains as Bank of England holds off rate cut
The pound built on the previous day's gains in Asia Friday after the Bank of England surprised markets by holding fire on an interest rate cut at its first meeting since Britain voted to leave the European Union.