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

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. 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. Taylor, an external ... Read More

Interest rates live: Bank of England holds rates in boost to savers

Bank of England holds rates in boost to savers ahead of Budget - The base rate remains at 4% though there will immediately be an expectation of a December cut ... Read More

Bank of England sees greater financial risks from AI and lending

The Bank of England said on Tuesday that threats to Britain's financial system had risen this year due to stretched valuations of companies investing in artificial intelligence, risky lending and bets ... Read More

Charting the global economy: Bank of England holds line on rates

(Bloomberg) --Bank of England officials held interest rates steady this week in a narrow vote while keeping the door open to a December cut that will hinge on inflation and employment data as well as ... Read More

Bank of England eases bank capital requirements in bid to boost growth

Britain's central bank on Tuesday cut the amount of capital it estimates lenders need to hold, making its first reduction to bank capital demands since the global financial crisis in a bid to boost ... 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