UK interest rates have fallen to 4.5% after the Bank of England voted to cut borrowing costs, as it also slashed short-term growth forecasts for the economy. The Bank’s Monetary Policy Committee ...

The Bank of England has cut interest rates from 4.5% to 4.25% at its latest meeting in May - the second reduction in 2025.

Turmoil in the world economy in the wake of whipsawing U.S. trade policy is the main source of uncertainty, the Bank of ...

The BoE expects the economy to grow this year by 1%, a bit more than February's forecast of 0.75%, thanks to a strong end to 2024 and robust official data at the start of 2025. It said that ...

Andrew Bailey cited the loosening of the UK's labour market as one key indicator in the bank's most recent decision.

Markets are pricing in around two further interest rate cuts this year but the MPC’s hawkish view on the economy has eased ...

Andrew Bailey has signalled that Sir Keir Starmer’s trade deal with the US will not be enough to offset the hit to growth from Donald Trump’s tariff war. Speaking ahead of the UK-US trade announcement ...

The Bank of England slashed interest rates to 4.25 per cent on Thursday ... upgrading its previous 0.75 per cent forecast on the back of a strong start to 2025. However, it added that recently ...

Several economists believe there will be just one more base rate cut this year as a result of higher than expected inflation ...

The Fed’s 2026 projections range from 2.9% to 4.1% compared with the previous 2.4% to 3.9% range. Market expectations: Traders have placed low probabilities on the Fed cutting rates at the June or ...

Uncertainty over the impact of tariffs on inflation and growth has led to a lack of clarity over what will happen to mortgage ...

Commenting on the interest rate cut, Haskel says ... wages have also gone up more than inflation. On the Bank of England's growth forecast, Starmer says the government has more to do.