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Bank of England to cut interest rates to 4.5% as economic growth stagnates
A CNBC report revealed that economists are betting on the Bank of England cutting rates by 25 basis points from 4.75% to 4.5% in the Thursday Monetary Policy Committee meeting. The expected rate cuts ...
Bank of England still on track to cut interest rates despite surging wages
"Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey said at an event in Brussels.
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 cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK ...
Bank of England halves UK growth projection and cuts main 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 interest rates to 4.5%
The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level ...
Inflation could hit 4% this year: Would that stop the Bank of England cutting interest rates?
Inflation could hit 4 per cent this year if the Bank of England's forecasts only slightly exceed expectations. Yesterday, ...
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking news and live events ...
Britons cheer up a bit, helped by Bank of England rate cut, survey shows
British consumers turned a little less pessimistic this month as the Bank of England's latest interest rate cut led to an ...
Bank of England interest rate worries over mortgage deals update
Experts advise those with fixed-rate mortgages expiring soon to lock in a new deal at least three months in advance to avoid ...
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Bank cuts interest rates and slashes growth forecast
The Bank of England has halved its growth forecast for this year as it cut interest rates to the lowest level for more than ...
Bank of England interest rates decision due on Thursday - will base rate be cut again?
The base rate is currently at 4.75% after it was held at the previous Bank of England meeting in December 2024 - but is another cut in store for this Thursday?