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

Bank of England cuts rates after tight vote but signals caution over further moves

The Bank of England cut interest rates on Thursday after a narrow vote by policymakers but it signalled that the already gradual pace of lowering borrowing costs might slow further. Read More

Bank of England cuts key interest rate from 4% to 3.75%

The Bank of England has cut its key interest rate for the first time in four months as stubbornly high inflation that has plagued British consumers and businesses starts to ease. Read More

How Much Lower Will the Bank of England Go?

Gold is down 0.4% at $4,320 an ounce, and oil (Brent crude) is up about 0.4% to $59.90 a barrel. Bitcoin is up 1.9% at $87,620 per coin, while Ethereum is up 2.6% at $2,890. The pound is up 0.2% ... Read More

BofE cuts interest rates to 3.75%, lowest for almost three years

Bank of England cuts interest rates to 3.75%, lowest for almost three years - Today’s decision from the Bank will mean cheaper home loans for millions of property owners with tracker mortgages ... Read More

Bank of England cuts base rate to 3.75%: what it means for the mortgage and housing market in 2026

"The much-anticipated final base rate cut of the year is the strongest signal yet that the government's commitment to taming inflation and stabilising the ... Read More

UK interest rates: Bank of England lowers rates to 3.75%

A fall in base rate is usually mirrored in mortgage rates, as base rate is the rate charged by the Bank of England (BoE) to smaller banks and building societies to borrow money. It is also the rate of ... Read More

European Central Bank leaves rates unchanged with economy showing signs of modest growth

The European Central Bank is leaving interest rates unchanged for the fourth meeting in a row as the economy in the 20 countries that use the euro increasingly looks strong enough to get by without ... Read More

Sterling keeps rising after the Bank of England raised the bar on rate cuts

The pound rose on Monday, building on gains made last week after the Bank of England delivered a widely expected rate cut, but suggested that the bar for further declines was high, given persistent ... Read More

The Bank of England Is Missing the UK’s Ugly Economic Truth

The Bank of England is belatedly waking up to the fact that Britain is struggling. It cut its official rate by 25 basis points to 3.75% on Thursday, but it’s not really grasping that more is needed. Read More

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 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