Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...
Bank of England reduces interest rate to 4.5% and halves 2025 growth forecast Bank of England cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced on x ...
At its meeting ending on February 5, the Bank of England Monetary Policy Committee voted by a majority of 7-2 to reduce Bank Rate by 0.25 ...
The outlook for Britain's economy is worse than when the Bank of England published its last full set of forecasts in November. Inflation - already above target at 2.5% - is expected to peak at ...
Their economists anticipate that falling inflation in the medium-term will prompt the Bank of England to cut interest rates to 3.5% by early 2026, rather than to 3.75-4.00% as investors anticipate.
The Bank of England (BoE) is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following lower-than-expected inflation figures for December but ongoing concerns about ...
The Bank of England halved its growth projection for the ... down from its previous forecast of 1.5% just three months ago. If that turns out to be remotely accurate, it will be hugely ...
The Bank of England has cut interest rates by 0.25 percentage points to 4.5% in a major boost for homeowners today. The base rate is what the Bank of England charges other lenders when they borrow ...
Reform UK's deputy leader, Richard Tice, says the Bank of England should have been "bolder ... understanding of economics that a cut of 0.5% today would have made far more economic sense ...
The Bank of England has cut interest rates to 4.5% - but warned households to brace themselves for higher inflation. Andrew Bailey, the Bank’s Governor, said it would take a “gradual and ...
The Bank of England has cut interest rates from 4.75% to 4.5% - the lowest base rate since June 2023 The Bank's Monetary Policy Committee voted 7-2 in favour of the cut - those two members wanted ...