The Bank of England and the European Central Bank have followed the leads of their central bank counterparts in the US and Canada by maintaining their respective current interest rate levels. The Bank of England’s Monetary Policy Committee (MPC) voted 8–1 to maintain...
The Bank of England deviated from their American counterparts at the Federal Reserve by announcing they were not cutting rates at this time. In a statement, Gov. Andrew Bailey said, “Today we held interest rates at 4%. Since August last year, we have been able to cut...
A decades-old crime is solved, an emergency without urgency is declared, and bizarre happenings in the UK and Canada. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Sept. 1-5. Hit: Justice is Done. The happiest news of the...
The Bank of England has followed the lead of the Federal Reserve by holding rates steady. The UK central bank’s Monetary Policy Committee (MPC) 8–1 to maintain the Bank Rate at 4.5%, with one dissenter seeking a 0.25 percentage point cut. In announcing its decision,...
Mark Carney, who served as governor of the Bank of Canada from 2008 to 2013 and governor of the Bank of England from 2013 to 2020, has succeeded Justin Trudeau as Prime Minister of Canada. Members of Canada’s governing Liberal Party elected Carney this evening on the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
