Bank of England's Pill 'cautious' about further rate cuts

Exclusive: Bank of England's Pill 'cautious' about further rate cuts
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Bank of England cuts policy rate by 25bp
The Bank of England announced today (February 6) that it was reducing its policy rate by 25 basis points to 4.5%. The monetary policy committee (MPC) reached the decision by seven votes to two at its meeting the previous day.
Bank of England Chief Economist Says Some Colleagues ‘Rushing’ to Cut Rates
Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that they are “rushing” to change policy too quickly.
Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in interest rates last week did not mean she wanted a series of rate cuts or that she would vote the same way again in March.
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target.
Bank of England signals further easing after rate cut, slashes growth outlook
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.
Bank of England's Mann: Bigger rate cut was needed to 'cut through the noise'
Bank of England policymaker Catherine Mann said on Tuesday she voted for a half-point interest rate cut last week to "cut through the noise" about the right stance for policy, but said rates needed to remain restrictive.
Live: Bank of England cuts interest rates to 4.5%
The Bank of England voted to reduce the base rate by 25 basis points at the first MPC meeting of the year, as widely anticipated
Banks slash savings rates after Bank of England rate cut
Dozens of high street banks and building societies have moved swiftly to cut rates on savings products following the Bank of England’s decision to lower the base rate. Nearly 40 providers have reduced their rates,
Bank of England rate setter calls for caution amid rising inflation
Bank of England rate setter calls for caution amid rising inflation - Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be cautious with rate cuts.
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Bank of England confirms restrictive monetary policy: keeps rates unchanged
As decided by the US Federal Reserve, the Bank of England Monetary Policy Committee, (MPC) at its meeting ending on 20 March 2024, voted by a majority of 8–1 to maintain Bank Rate at 5.25%.
Bank of England's Mann sees consumer pricing near target in year ahead, FT reports
Bank of England interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are ...
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Bank of England restarts monetary easing, cutting key rate to 4.5%
BOE monetary policy committee members must now judge ... the stronger news on domestic price pressures means the Bank of England will probably continue to cut interest rates only gradually ...