Bank of England Urges Caution on Interest Rate Cuts

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%.
The UK economy eked out some growth in the final quarter of last year largely helped by a surge in activity in December, data from the ONS showed on Thursday. With the market expecting a contraction, ...
ABank of England policymaker has called for a cautious approach to interest rate cuts following"uncomfortable" growth figures ...
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 ...