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Bank of England cuts rates

Hosted on MSN · 1d

Bank of England halves UK growth projection and cuts main interest rate to 4.50%

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement, the bank's nine-member Monetary Policy Committee lowered its main interest rate by a quarter of a percentage point to 4.

Bank of England cuts rates, sees weaker growth and inflation spike

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.

The Motley Fool UK · 9h

The Bank of England’s slashed its growth forecast but the FTSE 100 doesn’t seem to care!

On the day the UK’s central bank halved its forecast for growth in 2025, the FTSE 100 reached a record high. What’s going on?

1d

Bank Of England: Easy Decision Made But Trickier Ones Ahead

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

1don MSN

Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line

If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...

5h

Bank of England chief dismisses inflation as 'upward blip' and 'unlikely' to impact everyday prices

The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...

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