"I think that is a reason for caution, for carefulness in the way we proceed with removing monetary policy restriction and cutting bank rate," Pill said.
The S&P 500 ( ^GSPC) moved 0.5% lower, while the tech-heavy Nasdaq Composite ( ^IXIC) slid 0.8%. The Dow Jones Industrial Average ( ^DJI) also fell 0.5%, on the heels of a mixed day for stocks on Wall ...
Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...
Trump’s tariffs raise the prospect of four Bank of England rate cuts in 2025, and high fees, marketing, and advice quality are among the FCA's broker focus. Explore these developments and more below: ...