Economy News Bank Of England Sees Economy Moving In Right Direction For Rate Cuts

Interest rate cut likely after inflation undershoots expectations

Inflation dropped far below market expectations in November, official data has shown, easing Bank of England doves’ nerves a day before their decision on whether to cut interest rates is revealed. The ... Read More

Bank of England to cut rates on December 18 to 3.75% and again in Q1 2026: Reuters poll

The Bank of England will cut interest rates by a quarter point to 3.75% on December 18, according to all economists polled by Reuters, with evidence showing still-elevated inflation drifting downwards ... Read More

Bank of England to Stop Rate Cuts at 3.5%, OECD Predicts

The Bank of England will cut interest rates twice more to 3.5% by June before monetary easing ends, the Organisation for Economic Cooperation and Development said Tuesday as it upgraded UK growth. In ... Read More

Cut interest rates, City AM Shadow MPC tells Bank of England

The Bank of England should cut interest rates by 25 basis points when it meets tomorrow, City AM’s Shadow Monetary Policy Committee has said in a three-way split decision. In the face of the dual ... Read More

Bank of England holds rates in knife-edge vote that hints at December cut

LONDON, Nov 6 (Reuters) - The Bank of England kept borrowing costs on hold on Thursday, but a narrow vote and signs that Governor Andrew Bailey might soon join those seeking a rate cut boosted the ... Read More

Bank of England Diverges From Fed With Rate Hold

The Bank of England left its key interest rate unchanged Thursday, slowing but likely not ending a series of reductions in borrowing costs, as inflation remains stubbornly high despite a weak economy ... Read More