England, rates
MarketWatch · 1d
Pound reaches 30-month high after Bank of England pauses while Fed slashes rates
The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news that the Bank of England left its main bank rate unchanged at 5%. BoE Governor Andrew Bailey said that the monetary authority would be able to continue reducing borrowing costs "gradually over time",
Reuters · 1d
VIEW Bank of England leaves rates at 5%, pound hits highest since March 2022
The Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British government bonds by another 100 billion pounds ($132.86 billion) over the coming 12 months, weighing on the government's finances.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results