The Bank of England paused rate cuts at 4.25%, reflecting caution amid weakening UK growth and labor market data. Check out what investors need to know.

That, in a nutshell, is the problem. Central banks are still haunted by the most recent inflation spike, which economists everywhere – myself included – failed to predict.

The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...

The bank said it was focused on risks from a weaker labor market and higher energy prices as conflict in the Middle East escalates.

It comes ahead of the Bank of England 's interest rate decision tomorrow, when it will decide whether to hold or cut rates.

Bank of England Deputy Governor Dave Ramsden said on Tuesday that Britain's jobs market had shown clear signs of weakening and that he was now more worried that inflation could fall below the central ...

The EUR/GBP cross trades with mild gains near 0.8625 during the early European session on Thursday. Optimism around the ...

Inflation eased to an annual rate of 3.4% in May, according to official figures released this morning, but the Bank of England is still widely expected to leave interest rates on hold.

Britain's economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding ...

The Bank of England has voted to hold interest rates at 4.25 per cent, as they attempt to balance higher inflation and the need to stimulate economic growth.