Bank of England interest rate cut ‘almost certain’ after poor growth

Fresh growth figures have fuelled speculation of an August interest rate cut in a bid to give the waning UK economy a shot of life. The Office for National Statistics (ONS) revealed on Friday the UK ... Read More

Bank of England Holds Off on Rate Cut After Fed Goes Big

While it opted to stand pat at 5%, the U.K.’s central bank said that it is likely to follow up on an August cut over coming months in anticipation of a decline in inflation to its 2% target late ... Read More

The Bank of England cuts interest rates as tariffs endanger ... - CNN

The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in ... Read More

Bank of England to cut interest rates to 4.5% as economic growth ... - MSN

A CNBC report revealed that economists are betting on the Bank of England cutting rates by 25 basis points from 4.75% to 4.5% in the Thursday Monetary Policy Committee meeting. The expected rate ... Read More

Bank of England holds rates steady, but a summer cut could still be in ...

Those pressures, coupled with lackluster U.K. growth after a 0.3% economic contraction in April, put the central bank in a difficult position on whether — and when — to cut rates. Read More

Bank of England keeps its main interest rate on hold at 5% in wake of ...

LONDON — The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than ... Read More

Bank of England Holds Rates as U.K. Inflation Rises Amid Economic ...

The Bank of England doesn’t expect inflation to return sustainably to its target until 2027. Recent wage data showed strong inflationary pressures in the economy. Read More

Bank of England holds rates steady, but a summer cut could still be in ...

Economists and analysts believe a 25-basis-point cut could come in August. The Bank of England kept its key interest rate on hold at 4.25% during its Thursday meeting, with economists expecting ... Read More