Bank of England's Mann: Bigger Rate Cut Was Needed to 'Cut Through the Noise'
Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...
Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
BBC6d
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
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 ...
Yahoo Finance7d
Bank of England set to cut interest rates to 4.5% in first decision of year
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 Mirror7d
Bank of England interest rates decision due on Thursday - will base rate be cut again?
The Bank of England will announce its latest interest rates decision this week. The base rate is currently at 4.75% after it was held at the previous Bank of England meeting in December 2024.
Bank of England's Mann sees consumer pricing near target in year ahead, FT reports
Bank of England interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are ...
The Financial Times6d
Bank of England cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced
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 ...
Yahoo Finance6d
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement ...
Andrew Bailey: ‘No trade-off’ between financial stability and growth
Andrew Bailey said it was right to have an “open public debate” about the balance between growth and regulation, while ...
The Mirror6d
Bank of England issues new inflation warning to households despite cutting rates to 4.5%
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 ...
RTE Online5d
Bank of England cuts rates, sees higher inflation and weaker growth
The Bank of England has today lowered interest rates by a quarter of a percentage point, judging a sharp upward revision to its inflation forecasts for this year will prove temporary. Two ...
Daily Record6d
Interest rates cut to 4.5% by Bank of England - what it means for your money
Homeowners were given a welcome boost today as the Bank of England reduced interest rates by 0.25 percentage points to 4.5%. The base rate, which is the rate at which the Bank of England lends to ...