Following the August meeting, the Bank of England lowered its key rate by 25 basis points to 4% per annum. This is the third decrease since the beginning of the year, each of which amounted to 0.25 percentage points. The decision coincided with market expectations.The Central Bank noted that inflation in the UK has slowed significantly over the past 2.5 years due to tight monetary policy. This allowed the mitigation cycle to begin. However, the price growth rate remains above the target. In June... Read More
The market was left in a state of general confusion after the European Central Bank publicized its... Read More
The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Read More
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