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'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 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 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%
Why has the Bank of England cut the interest rate and what does it mean for mortgages and inflation?
Why has the Bank of England cut the interest rate and what does it mean for mortgages and inflation? - A lowering of the base rate to 5% suggests mortgage costs have peaked and inflation is coming und
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 cuts interest rates to 4.75% – but mortgages still set to rise
Interest rates have been cut for the second time this year, by a quarter of a percentage poi, but mortgage rates are still set to rise in a blow to homeowners. The Bank of England reduced the base rate from 5 per cent to 4.75 per cent on Thursday, following a 0.25 percentage-point cut in August, which was the first drop in four years.
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 signalled that further rate cuts were on the way, while striking a cautious note on the continued persistence of ...
Bank of England readies new rate cut as budget hangs over outlook
The Bank of England is likely to cut interest rates on Thursday for only the second time since 2020 but the big question for ...
Interest rates: Bank of England UK base rate cut explained - what BOE decision means for you and mortgages
The Bank’s Monetary Policy Committee (MPC) announced on Thursday (7 November) that the rate would drop from 5% to 4.75%.
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Interest rate cuts at risk as Trump tariffs to 'disturb' global economy, Bank of England warns
The Bank of England's chief economist has warned that future interest rate cuts could be affected by global "disturbances" in ...
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: ...