Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls
The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. fell significantly, relieving some pressure on borrowers who have faced elevated mortgage and loan costs.
Bank Of England Cuts Interest Rate As Inflation Slows
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers.
Bank of England's Mann sees upward inflation risks
High inflation in Britain has not been vanquished and there is a risk that some drivers of price growth could be heading upwards, Bank of England interest rate-setter Catherine Mann said on Wednesday.
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%
Bank of England Cuts Interest Rates Ahead of Fed Meeting
The Bank of England cut interest rates but pointed to the uncertainty facing the global economy from fresh trade barriers and Middle East conflict
Bank of England slashes interest rate by 25 basis points to 4.75%, as expected
The Bank of England cuts interest rates to 4.75% in line with expectations, continuing its easing cycle started in August.
Bank of England's Mann sees inflation pressure keeping rates high
High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest rate-setter Catherine Mann said on Wednesday.
Bank of England’s Mann warns of upward inflation pressures; markets eye US inflation – business live
Markets await US inflation for clues on further Fed rate cuts. Opus Energy has agreed to pay more than £7m in refunds, redress and goodwill payments after the regulator Ofgem found that the company overcharged almost 88,
Bank of England’s Pill backs ‘gradual’ interest rate cuts despite ‘sticky’ pay growth
Huw Pill, the Bank of England’s chief economist, signalled that further interest rate cuts were on the way, while striking a ...
Interest rates RECAP: Bank of England confirms base rate decision with millions of homeowners impacted
The Bank’s Monetary Policy Committee (MPC) have cut its base interest rate for the second time this year - taking it from 5% ...
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Interest rates live updates: Bank of England base rate cut to help slash mortgage bills
The Bank of England has cut interest rates for the second time this year, in good news for mortgage-holders and other ...
Five major banks hike fixed rate mortgages: Why are costs RISING after the Bank of England cut?
Most households are protected from any immediate rate changes until their current deal ends, but the Bank of England said in ...
Bank of England issues warning over future interest rate cuts in major blow to households
The Bank of England could slow the pace of interest rates cuts in the wake of Rachel Reeves’ first Budget. As expected, ...
Federal Reserve follows Bank of England with interest rate cut, with ‘uncertain’ economic outlook – business live
BoE says the higher bus fare cap and adding VAT to private school fees will push up UK inflation.   20:17 Q: ...