Economists are betting on rates being held in September with a cut to come in November instead.

The Bank of England is poised to keep interest rates at 5% after sending a "clear message" that it would not move too quickly to cut borrowing costs.

The Federal Reserve has cut interest rates by a bigger-than-expected 0.5 percentage points in its first reduction in more than four years.

The Bank of England on Thursday kept its key interest rate at 5.0 percent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve.

The Bank of England left the cost of borrowing unchanged at 5% on Thursday, as widely expected, but hinted at further cuts to come.

The Bank's Monetary Policy Committee held its latest meeting on Thursday morning

Norway's central bank kept interest rates unchanged at a 16-year high of 4.5% on Thursday but said it intends to launch a rate cutting programme during the first quarter of 2025.

UK interest rates have been left unchanged at 5% by the Bank of England.

This is an excerpt from the Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.Go big or go home.The Federal

Move expected to be only the first in a series of rate cuts that will extend into 2025

The Federal Reserve announced on Wednesday the first interest rate cut since 2020, a half-percentage

Asian markets forged higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates. In Tokyo, the Nikkei 225 index jumped 2.1% to 37,155.33, lifted by major export manufacturers' shares. Toyota Motor Corp. jumped 5.1%, Sony Group Corp. added 2.9%…

The US Federal Reserve lowered its key lending rate by a deeper-than-expected 0.5 percent, in its first rate cut in more than four years. The move indicates that while monetary policymakers are confident…

The Federal Reserve delivered its first interest rate cut since 2020 Wednesday. Here’s how it could help or hurt your wallet.

The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago.

Andrew Bailey, the governor of the BoE, has spelt out the future expectations on rates

At long last, it seems that the Federal Reserve has smelt the coffee that it was keeping interest rates too high for too long for the economy's good. However, it remains to be seen whether today’s

While markets have made up their mind that the Fed is going to cut, there's a vigorous debate over how far policymakers will go.

Traders on Wednesday upped their bets that the Federal Reserve would continue to aggressively cut interest rates this year after the central bank began its long-awaited easing cycle with an above-average 50-basis point cut.

The first rate cut in years will affect many types of consumer products. Here's what it means for credit cards, mortgage rates, auto loans and savings accounts.

It reflects confidence in controlling inflation, now near its 2% target, but rising concerns about the labor market.

It reflects confidence in controlling inflation, now near its 2% target, but rising concerns about the labor market.

Sept. 19 (UPI) -- The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a sustainable way.

The Bank of England has maintained its interest rate at 5%, contrasting with the US Federal Reserve’s rate cut to 4.8%. Inflation concerns in the UK, particularly in the services sector, have driven this cautious approach.