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The Bank of England should wait until it has more clarity about the economic hit from the coronavirus outbreak before making any decision to cut interest rates, its next governor Andrew Bailey said on Wednesday......»»

The Bank of England should wait until it has more clarity about the economic hit from the coronavirus outbreak before making any decision to cut interest rates, its next governor Andrew Bailey said on Wednesday......»»

Andrew Bailey, the next governor of the Bank of England, said on Wednesday that he wanted to see more evidence about the economic impact of the coronavirus outbreak before deciding whether to cut interest rates......»»

Andrew Bailey, set to become Bank of England governor just as Britain is facing an economic hit from coronavirus, said financial support would probably have to be rushed out for companies struggling with disruption caused by the outbreak......»»

Andrew Bailey, who is due to become Bank of England governor this month with Britain facing an economic hit from coronavirus, said financial support would probably have to be provided for companies struggling with disruption caused by the outbreak......»»

Bank of England Governor Mark Carney said policymakers around the world are working on a "powerful and timely" response to the economic hit from coronavirus which has raised fears of a new global recession......»»

Turkish President Recep Tayyip Erdogan has already brought the central bank under his control, ousting the governor and installing a successor to drive interest rates lower and try to turbo-charge economic growth. Now he’.....»»

Turkish President Recep Tayyip Erdogan has already brought the central bank under his control, ousting the governor and installing a successor to drive interest rates lower and try to turbo-charge economic growth. Now he’.....»»

Expectations have been raised that the Bank of England will cut rates, after the UK saw its slowest economic growth in more than seven years in November. David Doyle reports......»»

Bank of England Governor Mark Carney said investors were underestimating how much the central bank could raise interest rates even as it kept borrowing costs on hold on Thursday due to Brexit uncertainty. David Pollard reports......»»

British manufacturing growth slid to a 17-month low in April, extending a run of mediocre economic data and further reducing the chances of an interest rate hike by the Bank of England. Sonia Legg reports......»»

The Bank of England still expects to raise its key interest rate over the coming years, saying that a slowdown in economic growth during the first three months of the year was probably not as severe as first estimated......»»

Blue-chip stocks in the U.K. moved higher Thursday, extending gains as the pound slumped after the Bank of England cut its outlook for British inflation and economic growth......»»

The Bank of England hiked interest rates Thursday by a quarter-point to 0.75 percent to help tame high inflation, and upgraded its 2019 economic growth forecast despite Brexit fears. The British central .....»»

Governor of Indonesian central bank Perry Warjiyo said on Friday that national economic growth may reach 5.15 percent in second quarter this year, lower than government’s initi.....»»

The Bank of England left its key interest rate unchanged, and warned of a growing threat to global economic growth from trade tensions between the U.S. and China......»»

REUTERS/Peter Macdiarmid Bank of England Governor Mark Carney privately warned the government of the potentially dire economic consequences of a no d.....»»

The Bank of England governor has warned senior government ministers of the severe economic problems that would be created if Britain leaves the European Union without a deal on future relations......»»

Bank of England Governor Mark Carney has defended the central bank's projections for the potentially major economic impact of Brexit which anger.....»»

The Bank of England said Britain faced its weakest economic growth in 10 years in 2019, blaming mounting Brexit uncertainty and the global slowdown. David Pollard reports......»»