Unexpectedly dovish Bank of England decision sends pound and yields lower
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central bank, as expected, cut interest rates by a quarter-point, its third reduction since August, to 4.5% from 4.75%.
Bank of England cuts interest rates to 4.5% as pound drops, stocks rally
The Bank of England cut rates to 4.5% amid easing inflation but flagged lingering risks. GDP growth remains weak, and potential US tariffs add uncertainty. The pound fell, while the FTSE 100 hit record highs.
Pound plunges after interest rate cuts - more pain to come for Rachel Reeves
The value of the pound dropped sharply after the Bank of England announced a cut to interest rates in a new blow for Chancellor Rachel Reeves.
Bank of England cuts rate and strikes with a dovish tone
The Bank of England cut its key rate by 25 basis points to 4.5%, which was in line with analysts' expectations. However, the central bank demonstrated a softer stance than the market had forecast, which put pressure on the British Pound.
Pound sliding ahead of Bank of England decision
The British pound was seeing notable pressure Thursday ahead of a Bank of England decision where expectations are for a quarter-point rate cut. Vanguard senior economist Shaan Raithatha said his firm expects cuts every quarter to bring the bank rate,
Live: Bank of England cuts interest rates to 4.5%
The Bank of England voted to reduce the base rate by 25 basis points at the first MPC meeting of the year, as widely anticipated
Bank of England halves growth forecast and cuts rates to 4.5%
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5 per cent, as it contends with a stagnant UK economy and an increasingly uncertain international environment.
British Pound slides from one month high as Bank of England expected to cut rates further
British Pound has slipped today as a corrective moves is being witnessed in the currency ahead of the monetary policy announcement from the Bank of England (BOE). The BoE is expected to cut its benchmark rate by a quarter-point to 4.
Bank of England cut rates again, sterling falls
The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to its inflation forecasts for this year will prove temporary. The cut to 4.5% was in line with economists' expectations in a Reuters poll,
Bank of England cuts rates to 4.5%, signals monetary easing amid UK economic slowdown
The Bank of England made its first interest rate cut of 2025 on Thursday, resuming monetary easing amid ongoing concerns over sluggish growth in the British economy. The widely expected move saw the central bank lower its benchmark interest rate by 25 basis points to 4.
Money blog: Pound falls as Bank of England deals major growth blow to chancellor
Welcome to the Money blog as the Bank of England announces a cut in the base rate from 4.75% to 4.5%. You can submit a ...
Yen hits 8-week high, sterling drops after Bank of England rate cut
The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...
Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC's Steve ...