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European Bank Holds Fast as England Cuts Rate
Citing a worsening domestic outlook, the Bank of England cut its benchmark interest rate, while the European Central Bank left its key rate on hold.
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Bank Of England Holds Interest Rate For 4th Consecutive Month (AHN)
(AHN) - The Bank of England retained the 5 percent interest rate on Thursday for the fourth straight month. Bank officials said they opted to keep the rates untouched to avert a rise of inflation rate to 5 percent. - Thu, 7 Aug 2008 13:36:50 GMT
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Despite Several Lending Rate Reductions, British Borrowers Still Paying Thrice Bank Of England's Benchmark (AHN)
(AHN) - If the British banks will continue to ignore the government's plea for them to pass on in full the several lending rate cuts made by the Bank of England, British Prime Minister Gordon Brown hinted he will apply pressure on the financial institutions to make them comply. - Fri, 5 Dec 2008 11:
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European Banks Cut Rates Sharply
The Bank of England cut its benchmark interest rate by 1.5 percentage points and the European Central Bank cut its benchmark interest rate by half a percentage point.
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Bank holds UK interest rate at 5%
The Bank of England keeps its key interest rate at 5% as it weighs up the slowing economy with inflation worries.
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Britain, European Central Bank Cuts Rates
Bank of England cuts intrests rates to 57 year low.
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European Banks Reduce Rates, Some Sharply
The European Central Bank reduced its benchmark rate by a half percentage point, while the Bank of England cut rates by a startling 1.5 percentage points.
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Bank Of England Governor Forecasts 0.1 Percent Q1 UK Growth Rate (AHN)
(AHN) - With the U.K. inflation rate hitting 4.4 percent in July, Bank of England Governor Mervyn King lowered economic projections for 2009 to a 0.1 percent growth rate for the first quarter. - Wed, 13 Aug 2008 12:16:15 GMT
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Bank insider urges UK rate cuts
Two million people will be out of work by Christmas if interest rates are not cut, a Bank of England policymaker warns.
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Bank Of England Will Likely Keep Interest Rate With 4.7 Percent Inflation Rate In August (AHN)
(AHN) - The United Kingdom's inflation rate hit a 16-year high of 4.7 percent in August. With the escalating Consumer Prices Index, the Bank of England will likely continue to maintain interest rates next month. - Tue, 16 Sep 2008 10:47:38 GMT
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Bank Of England Willing To Bring Down Interest Rates To Zero To Prevent Deeper Recession (AHN)
(AHN) - If last week's unprecedented 1.5 percentage point reduction in benchmark interest rate made by the Bank of England shocked the global finance community, Tuesday's policy pronouncement by Bank of England Governor Mervyn King will surely send financial tsunamis around the world. King said the
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AHN - European Central Bank Hikes Interest Rate Quarter Point
(AHN) - The European Central Bank hiked its main interest rate to 4.25 percent on Thursday. The ECB council raised its benchmark refinancing rate for the 15-member eurozone by 25 basis points. - Thu, 3 Jul 2008 17:41:34 GMT (AHN)
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European Bank Stays Course on Rates
The Bank of England and the European Central Bank left their interest rates unchanged on Thursday, as they sought to balance slowing growth with inflationary pressures.
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More Benchmark Lending Rate Reductions Planned By Canadian Central Bank (AHN)
(AHN) - Bank of Canada Governor Mark Carney said Wednesday the bank will make more benchmark interest rate cuts in the future to prevent Canada from entering a recession. - Wed, 19 Nov 2008 12:38:08 GMT
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Bank cuts interest rates to 5.25%
The Bank of England cuts interest rates to 5.25% from 5.5% amid signs of slowing economic growth in the UK.
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One Percent Reduction In Benchmark Interest Rate Expected From Bank Of England (AHN)
(AHN) - The British business community is pressuring the Bank of England's Monetary Policy Committee to reduce benchmark interest rates by one percentage point to avoid a severe recession. - Wed, 5 Nov 2008 11:11:43 GMT
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Bank Of England Governor Pushes For More Measures To Spur Banks To Lend, Cut U.K.'s Inflation Rate By Half (AHN)
(AHN) - Bank of England Governor Mervyn King admitted on Monday the $768.5 billion bailout fund extended to British banks failed to move the financial institutions to resume lending to consumers and businesses. - Tue, 16 Dec 2008 09:34:28 GMT
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European Banks Try to Inject a Bit of Calm
The European Central Bank and the Bank of England surprised markets with new loans that banks can use to firm up balance sheets over the holiday weekend.
Home > Rss Directory > Business > NY Time
European Bank Leaves Rate at 4%
With fears about inflation prompting the European Central Bank to leave interest rates unchanged, the euro touched a new high against the dollar.
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Eyes on Inflation, European Bank Raises Rate
The European Central Bank, spooked by soaring prices for food and fuel, raised interest rates by a quarter point.
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