Pound Sterling Plummets as the Chance for a BOE Rate Cut Improves

By Jason SimpkinsAssociate Editor The British pound fell to a 22-month low yesterday (Wednesday), after the Bank of England (BOE) offered a gloomy...

Bank of England Announces $100 Billion Banking Rescue

By Jennifer YousfiManaging Editor In an effort to restore liquidity to the U.K. financial markets, the Bank of England (BOE) yesterday (Monday)...

BOE Cuts Rate, ECB Holds Steady

By Jennifer YousfiManaging Editor The Bank of England (BOE) cut its interest rate 25 basis points to 5.0% yesterday (Thursday) while the European...

Bank of England Sheds a Quarter Point From Its Benchmark Rate; ECB Wavers

By Mike Caggeso Associate Editor The Bank of England's nine-member Monetary Policy Committee cut its benchmark interest rate by a quarter point to...

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