Bank of England restarts monetary easing, cutting key rate to 4.5%
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.
BOE Gov. Bailey: we expect to be able to cut the bank rate further
WE EXPECT TO BE ABLE TO CUT THE BANK RATE FURTHER BOE'S BAILEY: BUT WE WILL HAVE TO JUDGE MEETING-BY-MEETING HOW FAR AND HOW FAST
Dovish BoE officials cut rates in the face of hawkish forecasts
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 bias towards a larger cut suggests MPC members do not accept the hawkish message in the forecasts.
BoE cuts interest rates to 4.5%: Will there be more reductions in 2025?
The Bank of England (BoE) has cut interest rates today to 4.5%, a move which will come as welcome news to those with variable or tracker mortgages.
BoE rate reaction: Warning signs lead to cut
The Bank of England’s rate-setting body voted to cut the base rate by 0.25% to 4.5% against signs that the UK economy is struggling.   The nine-strong Monetary Policy Committee voted by a majority of 7–2 to reduce Bank rate by 0.
Pound Falls as BOE Cuts Rates to 4.5%—Will More Easing Follow?
BOE cuts rates to 4.5% as U.K. growth stalls. Pound weakens, gold gains. Will policymakers signal another cut as soon as March? Read more.
Bank of England cuts rates and growth outlook, sees inflation 'bump'
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.
FTSE 100 Live: Bailey Says BOE Expects to Be Able to Cut Rates Further
The Bank of England cuts rates by 25 basis points to 4.5%, with two members unexpectedly backing a half-point cut; Governor Andrew Bailey says the BOE will take a “gradual and c
Bank of England Expected to Cut Key UK Interest Rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking news and live events
Stronger wage growth requires caution and care on rates, says BoE's Pill
Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not lead to second-round ...
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BoE cuts rates in first decision of 2025
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 ...
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
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, ...
GBP/JPY dives to near 188.40 as all BoE members support 25-bps interest rate reduction
The GBP/JPY pair faces an intense sell-off and dives vertically to near 188.40 in Thursday’s North American session, the ...
Market Adds Bets on BOE Easing, Defying Bank’s Rate Comments
Traders upped bets for further interest-rate cuts from the Bank of England this year after policymakers lowered borrowing ...
Stronger wage growth justifies caution on rates, says BoE's Pill
Bank of England Chief Economist Huw Pill said on Friday that an expected rise in inflation this year would probably not lead ...
BoE Press Conference: Governor Bailey speaks on policy outlook after lowering bank rate by 25 bps
But it is not just about interest rates. It’s a BoE Super Thursday, so the central bank will also release the meeting Minutes ...