The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
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Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
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.
There’s nothing unusual or unexpected about the Bank of England’s decision to cut rates by 25 basis points to 4.50% this month. As for the vote split, well that’s anything but.
Investors grappled with a gloomy set of Bank of England forecasts on Thursday that complicate the outlook for UK assets, with ...
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation will prove temporary. Here's what Bank of England officials said in a pres ...
In line with our view, the BoE delivered a dovish twist to its guidance with a dovish vote split, which triggered the ...
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. In an expected ...
Why has the Bank of England cut the base rate? At the first opportunity this year, the base rate has been reduced by 0.25 percentage points, bringing it down to 4.5% with immediat ...
The FTSE 100 finished up 103.99 at 8727.28 - a new record closing high. It also hit a new intraday record of 8,767.50 earlier ...
Bank of England chief to face questions over economy gloom and stagflation after interest rate cut: Live - Interest rates ...