Hanging over the Fed's debate - which saw two Trump-chosen Fed governors dissent in last week's decision - are the ...

The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in ...

The Bank of England was granted independence in 1997 over how it operates, but the government sets the inflation target and appoints the governor. Mr. Bailey’s term does not expire until 2028.

The Bank of England decided, by a slim margin among its policymakers, to cut interest rates on Thursday for the first time in more than four years amid slower inflation. Britain’s central bank ...