The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, citing concerns about stagnant growth. The decision was made by the Monetary Policy ...

Stock markets are expected to open flat on Friday, as all eyes are on the RBI meeting outcome on rates. The newly appointed Governor, Sanjay Malhotra, is expected to announce the committee’s decision ...

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months.