Markus Schomer, PineBridge Investments' chief economist, says the Bank of England was not being pessimistic in downgrading its near-term economic views.
Households in the United States and the United Kingdom aren't putting as much money away for a rainy day and that could mean trouble.
European bourses closed higher on Thursday as investors reacted to further earnings reports and a rate decision by the Bank of England.
Mark Carney, governor of the Bank of England, speaks about his institution's role in Brexit negotiations.
Bank of England Governor Mark Carney discusses the impact of Brexit and a slide in the value of the pound after the BOE left interest rates unchanged.
UK growth will fall after Brexit, and upside pressure could lead the Bank of England to think it’s time for a rate hike, Kallum Pickering, senior UK economist at Berenberg said.
Bank of England governor Mark Carney said that the UK economy would remain "sluggish" in the near-term, after the BOE cut its growth forecast for Britain from 1.9 to 1.7 percent.
UK business investment is at a "historic" low rate because of Brexit-related uncertainty but will pick up slightly, Bank of England governor Mark Carney said after the institution left rates unchanged.
Bank of England Governor Mark Carney discusses how jobs and wages in the U.K. are being impacted by Brexit uncertainty.
The Bank of England (BOE) held interest rates steady at 0.25 percent on Thursday, as expected, while largely sticking to its previous assumptions for growth and inflation over the three-year forecast horizon.
The Monetary Policy Committee voted by a majority of 6-2 to keep rates at record low levels in August.
The central bank will likely downgrade its growth forecasts for the United Kingdom for this year and next, says Oliver Salmon of Oxford Economics.
European bourses closed lower on Wednesday, as investors monitored mixed earnings reports.
The U.K. could lose up to half of its investment banking jobs over the next few years if the government continues to pursue a hard-line exit from the EU, a new report has warned.
Workers at the Bank of England (BOE) walked out on strike on Tuesday for the first time in five decades, over a pay dispute.
Markets are unlikely to price in the Bank of England interest rate announcement on Thursday, Kamal Sharma, director of G10 FX strategy at BAML said.
Central banks and governments should not be considered as authorities which are independent of each other, Andrew Lilico, director at Europe Economics, told CNBC.
Charles Newsome, divisional director at Investec Wealth, weighs in on whether the typical British investor should be concerned about the Bank of England’s strategy and rhetoric as of late.
The Bank of England (BoE) has criticized complacent lenders after growing levels of personal debt have put the U.K. economy at risk of another economic downturn.
The Bank of England's governor has unveiled a new 10-pound note featuring Jane Austen at one of England's grandest cathedrals.