The BoE’s forecasts suggest it will only cut rates two more times over the next three years on the back of higher inflation and weaker underlying growth capacity. The 7-to-2 vote to cut rates with a ...
Traders upped bets for further interest-rate cuts from the Bank of England this year after policymakers lowered borrowing ...
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...
But it is not just about interest rates. It’s a BoE Super Thursday, so the central bank will also release the meeting Minutes ...
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The GBP/JPY pair faces an intense sell-off and dives vertically to near 188.40 in Thursday’s North American session, the ...
BOE cuts rates to 4.5% as U.K. growth stalls. Pound weakens, gold gains. Will policymakers signal another cut as soon as ...
In its first meeting of 2025, the bank’s Monetary Policy Committee voted seven to two in favour of the drop from 4.75 per ...
According to ING; “potential downside risks to sterling are evident in the vote split or the growth forecast downgrade and what it means for the fiscal position. And through the second quarter, we ...
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
Sterling was set for its biggest one-day fall since early January on Thursday, after the Bank of England (BoE) cut interest ...
British companies' expectations for wage growth fell marginally in January and expectations for employment growth also ...