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Bank of England to cut interest rates
Bank of England set to cut interest rates to 4.5% in first decision of year
The Bank of England is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following lower-than-expected inflation figures for December but ongoing concerns about sluggish economic growth.
Bank of England expected to cut interest rates again as UK economy stagnates
The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.
Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines.
Will the Bank of England cut interest rates? Have your say
The Bank of England (BoE) is due to reveal its first interest rate decision of the year on Thursday, against a backdrop of stubborn inflation and sluggish economic growth. The BoE's latest policy decision comes after the US Federal Reserve decided to keep rates on hold last week,
Bank of England poised to slash interest rates in boost to one group of people
The cut should feed through relatively quickly to the 1.5 million homebuyers with mortgages that track the Bank of England base rate, giving these individuals a noticeable boost. However, it is likely to take some time for rates on home loans to first time buyers and others to come down.
Barclays among lenders cutting mortgage deals ahead of expected interest rate cut
Despite some providers increasing rates, more are making cuts ahead of the Bank of England's base rate decision on Thursday
UK Budget fallout adds to Bank of England dilemma on interest rates
Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfort
Recession fears grow with pressure on Bank of England to cut rates
Bosses in the private sector expect a "significant fall" in activity over the next three months, according to a survey by the Confederation of British Industry (CBI).
Interest rate cut from Bank of England 'sure bet' in win for mortgage holders despite inflation fears
The Bank of England is expected to bring down borrowing costs and cut interest rates to their lowest level in 18 months this Thursday, as policymakers weigh up mounting economic pressures. Economists widely predict that it is a "sure bet" the Bank's Monetary Policy Committee (MPC) will reduce the base rate from 4.
3d
on MSN
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
London is in the grips of a gold shortage as traders line up for weeks to get bars out of the Bank of England and ship them ...
6d
Bank of England launches tool to calm gilt market in times of distress
The Bank of England said on Tuesday it had opened the Contingent Non-Bank Financial Institution Repo Facility for ...
5d
The Pound’s Slump Adds to Inflation Headache at Bank of England
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the ...
4d
BoE's Bailey Says Bank Rules Were Delayed Because of US Competition
LONDON (Reuters) - The Bank of England delayed introducing new rules for banks to avoid putting British firms at a ...
6h
on MSN
In Not Following the Fed, the BOE Is Set to Be One of the Herd
The Bank of England is set to join a growing number of central banks that are pressing ahead with cuts to their key interest ...
4d
London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
2d
Nationwide makes big change to millions of bank accounts from TODAY
NATIONWIDE is making massive changes to millions of accounts today which will leave savers worse off. The nation’s biggest ...
Hosted on MSN
1d
Reeves’ plan ‘unlikely to work’, says ex-chief at Bank of England
Andy Haldane, who left the Bank in 2021, told The i Paper that Reeves must put more focus on local growth missions and ...
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interest rates
United States
gold
Andrew Bailey
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