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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 ...
Turmoil in the world economy in the wake of whipsawing U.S. trade policy is the main source of uncertainty, the Bank of ...
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Bank of England holds interest rates and downgrades growth forecastsThe Bank of England held interest rates at 4.75 per cent today, while downgrading economic forecasts for the UK towards stagnant growth. Only six members of the Bank’s Monetary Policy Committee ...
Andrew Bailey cited the loosening of the UK's labour market as one key indicator in the bank's most recent decision.
The Bank of England could bring the base rate as low as 2.75 per cent within 12 months according to one prediction ...
The Bank of England cut interest rates on Thursday to tackle the expected hit from U.S. President Donald Trump's tariffs but a surprise three-way split among policymakers cooled expectations that it ...
Markets are pricing in around two further interest rate cuts this year but the MPC’s hawkish view on the economy has eased ...
Financial markets anticipate another 25 basis point cut to the ECB's key deposit rate from 2.25% to 2%, ahead of further cuts ...
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 ...
The Bank of England is experimenting with artificial intelligence to help forecast inflation and hone its communications, ...
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.
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