Bank of England cuts rates to 4.5%, signals monetary easing amid UK economic slowdown
The Bank of England made its first interest rate cut of 2025 on Thursday, resuming monetary easing amid ongoing concerns over sluggish growth in the British economy. The widely expected move saw the central bank lower its benchmark interest rate by 25 basis points to 4.
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Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Bank of England expected to cut key UK 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 cuts rates and growth outlook, sees inflation 'bump'
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.
Bank Of England Cuts Rate By 25 Bps, Sees Modest Growth In Q1
The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a
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 for the third time in six months
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UK interest rates cut to 4.5% from 4.75%, their lowest for more than 18 months
BoE has cut rates from 4.75% to 4.5%. The decision, taken by the Bank’s Monetary Policy Committee (MPC), comes as the UK economy faces sluggish growth and rising concerns over global trade policies.
Five vital Bank of England charts as UK growth is downgraded and inflation is forecast to rise
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...
Savers warned over next steps as 'window may be closing' after Bank of England decision
Paul Noble, CEO of Chetwood Bank, warned: “Savers should take this as a reminder that the window for securing the best rates ...
Business Matters8d
Is Monetary Policy the Force Behind Shifting Exchange Rates?
Central banks wield immense power over exchange rates, shaping the financial pulse of nations. Through strategic monetary ...
How low will UK interest rates go?
Bond markets in the UK may be more sensitive to fiscal credibility following the turbulence after the 2022 Liz Truss budget. But fiscal sustainability in the UK does not significantly differ from some ...
International Monetary Fund10d
Monetary Policy in Dollarized Economies
The paper explores the various monetary policy strategies that may be pursued in the presence of dollarization, considers the implications of dollarization for the practical application and ...
Forex Today: BoE policy announcements, US data to drive markets
The BoE is forecast to lower the policy rate by 25 basis points to 4.5% after the February policy meeting. GBP/USD touched ...