Bank of England readies rate cut

Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines.
Bank of England expected to cut interest rates again as UK economy stagnates
The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.
Interest rate cut from Bank of England 'sure bet' in win for mortgage holders despite inflation fears
The Bank of England is expected to bring down borrowing costs and cut interest rates to their lowest level in 18 months this Thursday, as policymakers weigh up mounting economic pressures. Economists widely predict that it is a "sure bet" the Bank's Monetary Policy Committee (MPC) will reduce the base rate from 4.
Bank of England interest rates warning as several cuts expected
The Bank of England is expected to cut interest rates next week - sparking a series of reductions in 2025. The bank is set to drop them from 4.75% to 4.5%, in a move that could shake up savings, mortgages, and retirement plans. Markets are pricing in an 84% chance of a cut as policymakers respond to slowing economic growth and a dip in inflation.
UK Budget fallout adds to Bank of England dilemma on interest rates
Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfort
Bank of England set to cut interest rates next week - what this means for your savings, pension and mortgage
The Bank of England is set to make a significant move next week, with experts expecting a cut in interest rates. They are expected to announce a cut in interest rates next week, from 4.75 per cent to 4.
Recession fears grow with pressure on Bank of England to cut rates
Bosses in the private sector expect a "significant fall" in activity over the next three months, according to a survey by the Confederation of British Industry (CBI).
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
London is in the grips of a gold shortage as traders line up for weeks to get bars out of the Bank of England and ship them ...
Bank of England launches tool to calm gilt market in times of distress
The Bank of England said on Tuesday it had opened the Contingent Non-Bank Financial Institution Repo Facility for ...
The Pound’s Slump Adds to Inflation Headache at Bank of England
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the ...
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Bank of England mustering unit to model system-wide stresses
The group of roughly six to 10 people will focus on the modelling and simulation of market-wide stress scenarios, Risk.net has learned. The team will work initially on building agent-based models – ...
BoE's Bailey Says Bank Rules Were Delayed Because of US Competition
LONDON (Reuters) - The Bank of England delayed introducing new rules for banks to avoid putting British firms at a ...
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during ...
Nationwide makes big change to millions of bank accounts from TODAY
NATIONWIDE is making massive changes to millions of accounts today which will leave savers worse off. The nation’s biggest ...
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Reeves’ plan ‘unlikely to work’, says ex-chief at Bank of England
Andy Haldane, who left the Bank in 2021, told The i Paper that Reeves must put more focus on local growth missions and ...