Interest rates cut for 2nd time this year by Bank of England

Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said that 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 rates but sees higher inflation after Reeves's budget
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual as it predicted the British government's first budget would lead to higher inflation and economic growth.
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 interest rates to 4.75% as UK inflation falls below target
Bank of England's interest rate cut to 4.75% aims to counter low UK inflation at 1.7%, below the 2% target amid fiscal policy shifts.
Bank of England Policymakers Speak After Cutting Rates
LONDON (Reuters) -The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after the new government's first budget. Here's what Bank of England officials said in a press conference following that decision:
Bank of England delivers rate cut with warning on budget’s inflation hit
The Bank of England cut borrowing costs for the second time this year, but it stopped short of signaling faster easing, warning that the budget could drive up inflation by as much as half a percentage point.
Trump tariffs loom over Bank of England's best-laid rate cut plans
Bank of England Governor Andrew Bailey stuck to his script outlining gradual interest rate cuts on Thursday, but Donald Trump's White House return and threats to impose tariffs could force a hasty rewrite,
Fed cuts interest rates for second time this year against election backdrop
The Federal Reserve cut interest rates by a quarter percentage point on Thursday, its second consecutive reduction in the cost of borrowing. Why it matters: The Fed is gradually loosening its grip on the economy as inflation cools and the job market holds steady,
Federal Reserve cuts interest rates for the second time this year
The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor market remain resilient.
Fed chair announces interest rate cuts for the second time this year
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation.
Interest rates cut for second time this year by Bank of England
It's good news for mortgages but less so for savers as UK borrowing costs have been cut for the second time this year.
The Associated Press - Business News on MSN12h
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.
Bank of England cuts rates, sees gradual reductions ahead as Labour budget boosts inflation forecast
LONDON — The Bank of England is widely expected to cut interest rates Thursday, when policymakers deliver their first monetary policy decision following Labour's bumper budget announcement last week.
The Canadian Press on MSN6h
Bank of England cuts interest rate to 4.75% as UK inflation drops, but economic uncertainty looms
The Bank of England cut its main interest rate by a quarter of a percentage point on Thursday after inflation across ...
Interest rates live updates: Bank of England overwhelmingly expected to slash rates
Interest rates are widely expected to be cut today, with most experts predicting a drop from 5 per cent to 4.75 per cent. The Bank of England decision will announced at midday UK time. The change will ...
Reuters on MSN18h
Bank of England cuts rates but sees higher inflation after Reeves' budget
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely ...