Archive for the 'Interest Rates' Category

UK Interest Rate Unchanged

Thursday, January 12th, 2006

The UK interest rate, set by the Bank of England, has been left unchanged at 4.5% after the bank’s meeting on the 12th of January. The move to keep interest rate the same is seen by analysts as the Bank waiting on more reports from retailers and their Christmas figures.
The UK economy has been […]

US Federal Reserve Raises Interest Rate 4.5%

Tuesday, December 13th, 2005

the US Federal Reserve has announced that interest rates in the United States are to rise by 0.25% to 4.25%, representing the 13th increase in interest rates. However, experts are split down the middle on the issue of future interest rate rises, with some wanting to dispell any talk of future rises because it […]

UK Interest Rates Remain Unchanged At 4.5%

Friday, December 9th, 2005

The Bank of england’s December meeting has concluded that the UK base rate of interest will be kept at 4.5%, a decision that marks four months in a row where the interest rate has remained unchanged.
The last change in UK interest rates was in August 2005 when the Bank of England trimmed them 0.25% down […]