bank of england

Both the European Central Bank and the Bank of England kept their key interest rates unchanged Thursday amid concerns of high inflation and a slowing economy.

The Bank of England is expected to keep interest rates steady at 5 percent despite a looming recession when it announces its monthly decision later Thursday.

The Bank of England has kept official interest rates unchanged at 5 percent at its monthly rate-setting meeting despite a looming domestic recession.

The European Central Bank and Bank of England will likely leave interest rates unchanged on Thursday as they face mounting inflation and slowing growth.

Consumer price inflation rate leapt to 4.4 percent in July, the government said Tuesday, making it difficult for the Bank of England to consider lowering interest rates to ward off the risk of recession.

Thursday, August 07, 2008 FRANKFURT, Germany--The European Central Bank and the Bank of England both left their benchmark interest rates unchanged Thursday as they ponder how best to steer their economies ...

The Bank of England held interest rates at 5.0 percent on Thursday for the fourth consecutive month, as policymakers balance slowing growth and rising inflation.

The Bank of England has kept official interest rates steady at 5 percent for the fourth month running as it grapples with opposing factors of slowing economic growth and rising inflation.

The European Central Bank and Bank of England will likely leave interest rates unchanged Thursday, paralyzed by mounting inflation and slowing growth.

"While the U.S. economy has succumbed to stagnation and the U.K. economy is decelerating sharply, the euro zone has so far held up fairly well"

The European Central Bank and the Bank of England are both expected to keep their interest rates unchanged Thursday, as more evidence mounts that growth in the euro zone and in Britain is likely to slow in coming months.