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oil rises: Oil rises 1% after Fed, BoE keep rates unchanged

Brent crude futures were up 91 cents, or 1.08%, at $85.54 a barrel by 1250 GMT, while U.S. West Texas Intermediate crude futures gained 83 cents, or 1.03%, to $81.27 a barrel. ....

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BoE rates: UK inflation unexpectedly falls, raising questions about BoE rates plan

UK inflation unexpectedly dropped in August, raising doubts about the Bank of England s plans to raise interest rates. The consumer price index fell to 6.7% from 6.8% in July, contrary to predictions by economists. This surprise decline, the lowest since February 2022, caused the pound to weaken against the US dollar and the euro. ....

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Pound Canadian Dollar Exchange Rate Drops after BoE Rates Decision

Pound Canadian Dollar Exchange Rate Drops after BoE Rates Decision | Currency News UK ....

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QUOTES-What the Bank of England policymakers have said about the recovery outlook

The Bank of England's interest-rate setters are discussing this week whether the prospects for Britain's economy are strong enough to justify bets by investors that have pushed borrowing up costs in financial markets. ....

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