Bank of England cut rates

Note: This section contains information in English only.
Source: Dukascopy Bank SA
At 11:00 GMT Bank of England decided on the Official Bank Rate. Official Bank Rate has been decreased by 0.25%. BOE rate is 5.00%.
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Thu, 01 Aug 2024 11:08:20 GMT

Bank of England cuts interest rate

The Bank of England has reduced its Official Bank Rate from 5.25% down to 5.00%. This rate cut was expected by the market analyst consensus forecasts. The GBP is reacting to the rate cut with a decline. However, since the cut was already expected, the Pound already declined during the morning hours.

Fri, 02 Aug 2024 21:30:04 GMT

Delta Air Lines comment on recent outage

CNBC has reported that the CEO of Delta Air Lines Ed Bastian has revealed to the news outlet that the costs from the CrowdStrike outage would amount to $500 million.

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