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Bank Of England
Business  /  Published 04.11.22

Markets subdued after Fed action

The Bank of England raised interest rates to 3 per cent on Thursday from 2.25 per cent...
By Our Special Correspondent in Mumbai

World  /  Published 29.09.22

Bank scrambles

The Bank of England has intervened in the markets after a tax cut plan under Prime Minister Liz Truss triggered chaos...
By Deutsche Welle

World  /  Published 10.08.22

Liz sticks to tax cut pledge

‘What I don’t believe in is taxing people to the highest level in 70 years, and then giving them their own money back’...
By Reuters in London

Business  /  Published 05.08.22

UK hikes rate, sees recession

Bank of England raises rates from 1.25 per cent to 1.75 per cent, the highest since 2008...
By Eshe Nelson in London

World  /  Published 16.05.22

Indian origin banker to join Bank of England

She will replace current external member, Michael Saunders, who has been on the MPC since August 2016...
By Our Bureau, PTI in London

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Business  /  Published 04.02.22

Bank of England raises rates

Attempt to contain rampant price pressures...
By Reuters in London

Business  /  Published 17.12.21

Central banks battle inflation

Stock markets for now have welcomed the Fed’s decision to end its bond buying programme by March and take recourse to three rate cuts next year...
By Our Bureau in Mumbai

Business  /  Published 16.12.21

Fed sees three interest rate hikes in 2022

The central bank is widely expected to announce a faster pullback of its stimulus measures as inflationary pressures build...
By AP, PTI in Washington

World  /  Published 06.12.20

Cash £50 billion may be hidden away

The £50 billion in cash may be hidden away in unreported household savings, squirreled away for a rainy day, or is being used for more nefarious purposes, Parliament’s Public Accounts Committee...
By Anna Schaverien in New York

Business  /  Published 14.10.20

BoE alert on sub-zero interest rate

Policy makers have previously indicated that they were willing to consider negative interest rates amid the economic pressures caused by the Covid-19 pandemic...
By AP via PTI in London


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