Interest Rates, Bank of England

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 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 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 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.
Barclays says Bank of England to hold rates in December meeting
Barclays expects the Bank of England to hold interest rates at its December meeting, revising its prior forecast of a cut, citing the central bank's cautious tone that emphasized uncertainty and gradual policy moves.
US follows Bank of England and cuts rates despite fears of Trump inflation
Fed chief Jerome Powell brushed off questions about the impact of the president-elect's plans, saying: 'We don't guess, we don't speculate, and we don't assume.'
Interest rates live updates: Bank of England base rate cut to help slash mortgage bills
Following the Bank of England’s decision to cut the base rate, chancellor Rachel Reeves, said: “Today’s interest rate cut will be welcome news for millions of families, but I am under no illusion about the scale of the challenge facing households after the previous government’s mini-budget.
BOE to Cut Rates in Decision That Will Be Overshadowed by Budget, Trump
The Bank of England is likely to lower interest rates for only the second time this year in a decision that will be overshadowed by the fallout from the UK budget and Donald Trump’s election victory.
Bank of England expected to cut interest rates
Most analysts predict the rate will fall from 5% to 4.75% when the decision is announced at 12:00 GMT.
Bank of England must look past budget's temporary inflation hit, Pill says
The Bank of England will need to look beyond the temporary inflation boost from last week's budget but must keep a close eye on anything that might add to longer-term price pressures, BoE Chief ...
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.
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Bank of England must look past temporary inflation hit from budget, Pill says
The Bank of England will need to look beyond the temporary inflation boost from last week's budget but keep a close eye ...
Bank of England cuts rates but sees higher inflation after Reeves' budget
LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said ...