Bank of England to cut interest rates only twice more, NIESR predicts
Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively upbeat set of forecasts.
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Bank of England Chief Economist Says Some Colleagues ‘Rushing’ to Cut Rates
Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that they are “rushing” to change policy too quickly.
Bank of England's Mann: Bigger Rate Cut Was Needed to 'Cut Through the Noise'
Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates to 4.25%, against the majority who favoured a quarter-point cut to 4.25%.
Bank of England expected to cut key UK interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target
Bank of England Cuts Rates, Warns of Tariff Impact
The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff threats.
Bank of England cuts rates and growth outlook, sees inflation 'bump'
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.
Bank of England cuts interest rates despite looming inflation surge
The Bank of England cut interest rates by 25 basis points, even though rate-setters said they expected inflation to rise this year.
Bank of England policymaker says job losses will ‘restrain’ inflation rise
Bank of England policymaker says job losses will ‘restrain’ inflation rise - Catherine Mann said more job cuts and a slowdown ...
Bank of England cuts rates, sees higher inflation and weaker growth
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Bank of England issues new inflation warning to households despite cutting rates to 4.5%
The Bank of England has cut interest rates to 4.5% - but warned households to brace themselves for higher inflation. Andrew Bailey, the Bank’s Governor, said it would take a “gradual and ...