With U.K. inflation hovering near zero, an interest rate rise by the BoE looks increasingly less likely to come hot on the heels of the U.S. hike.
Across the Atlantic in Europe, the announcement has left analysts picking up the pieces and deciding what this relatively "dovish" rate hike means.
U.K. Prime Minster David Cameron is negotiating with leaders in Brussels on Britain's future in the EU. Financial Times’ Brussels bureau chief, Peter Spiegel weighs in.
Jesse Sherman, portfolio manager at RenAsset Management, discusses Russia’s outlook in relation to the ruble and weak oil prices.
Squawk Box Live in Europe watched as Asian and European markets rallied after the U.S. Federal Reserve hiked interest rates.
European markets held onto gains to close higher on Wednesday ahead of a widely-expected interest rate rise by the U.S. Federal Reserve.
MARKIT chief economist, Chris Williamson discusses how the Federal Reserve raising interest rates can impact the euro zone.
MARKIT chief economist, Chris Williamson breaks down the latest PMI data coming out from the euro zone.
Squawk Box Live in Europe tracked global market moves ahead of a widely expected rate hike by the U.S. Federal Reserve.
European markets opened higher Wednesday ahead of a widely expected interest rate rise by the U.S. Federal Reserve.
Francois Savary, CIO of Prime Partners S.A., says 2016 could be the year investors should favor French stocks over German stocks.
A debate before the Spanish general election became a row when the opposition leader accused the Prime Minister of not being a "decent" man.
British inflation returned to positive territory for the first time in four months in November, but remained close to zero.
Being quite bullish on the European autos market, Evercore auto analyst, George Galliers doesn't expect to see any “horror stories” or “shocks” on the horizon for these carmakers.
Squawk Box Live in Europe eyed global markets as gold neared multi-year lows following a volatile session on Wall Street.
Andrew Soper, global head of G10 options flow at Nomura, says the Swedish central bank is unlikely to move unless the krona gains too much against the euro.
European equities opened higher Tuesday, buoyed by a brief rebound in crude oil prices although a decline was again seen in Asia overnight.
CNBC's Nancy Hulgrave reports on European carmaker Volkswagen, which lost market share in Europe in November.
European equities closed sharply lower on Monday as oil and commodities continued to slide, while investors looked ahead to a U.S. Federal Reserve meeting this week.
David Owen, chief European economist at Jefferies, explains how weak oil prices will be good for growth in Europe.
Get the best of CNBC in your inbox