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

IMF says Bank of England should be 'very cautious' on future rate cuts

The Bank of England needs to be "very cautious" about future rate cuts as British inflation looks set to remain the highest in the Group of Seven advanced economies this year and next, the ... Read More

Bank of England Rate-Setter Sees Growing Hard-Landing Risk in UK

The British economy faces a growing risk of a hard-landing, Bank of England policymaker Alan Taylor said on Tuesday, reaffirming his calls to speed the pace of interest rate cuts. Read More

Bank of England’s Taylor: High rates could push UK into recession

The UK risks heading into a recession that will be “difficult to contain” if interest rates are kept on hold into next year, a Bank of England rate-setter has said in a speech that has further exposed ... Read More

Bank of England's Taylor says he fears a bumpy landing for UK economy

Bank of England policymaker Alan Taylor said on Tuesday that he saw an increasingly likely risk of a "bumpy landing" for Britain's economy with inflation falling too low, in part due to the impact of ... Read More

Bailey Says Bank of England Rate Cuts Are Not Yet Over

Bank of England Governor Andrew Bailey said the UK central bank is not done with its interest-rate cutting cycle yet, pointing to possible risks in the cooling jobs market. Speaking to broadcasters ... Read More

Bank of England Leaves Key Rate on Hold, Slows Quantitative Tightening

The Bank of England left its key interest rate unchanged Thursday, but scaled back a program designed to shrink its holdings of government bonds that has attracted increased scrutiny as yields have ... Read More