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LONDON (AP) — The Bank of England warned Thursday about the “highly unpredictable” geopolitical environment as it kept its main interest rate unchanged at the two-year low of 4.25%.
The Bank of England on Thursday lowered its interest rates for the second time this year as the U.K. central bank responds to cooling inflation and signs of a slowing economy.
Bank of England cuts interest rates to 4.25% due to global growth concerns stemming from Trump's tariff policies, despite some Monetary Policy Committee members favoring a larger cut or holding rates.
UK News: The Bank of England is anticipated to cut interest rates, likely by a quarter-point to 4.25%, despite near-term inflation concerns. This decision is l ...
The Bank of England cut rates, highlighting a growing gap in how global central banks and the Federal Reserve are approaching Trump’s tariffs.
International Business News: The Bank of England is widely anticipated to cut its key interest rate to 4.25% amidst concerns over potential economic fallout from US tariffs. This ...
The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation.
Money Interest rates Bank of England cuts interest rates to 4.25% - what it means for your money When the base rate changes, it has an impact on your borrowing and saving, as banks and lenders ...
The Bank of England kept its main interest rate unchanged at 4.5% on Thursday, despite the fact that the economy is barely growing. Policymakers are also contending with increased uncertainty ...
The Bank of England kept its main interest rate unchanged at 4.75 per cent with new data showing inflation rising to 2.6 per cent, further above the bank's two per cent target.
The Bank of England's latest financial stability report - released twice a year - shows 4.4 million homes are set to refinance at higher rates though others will benefit from cuts.