The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
The central bank says inflation has come down enough to reduce rates again, but further cuts are up-in-the-air given ...
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...
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The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...
The Bank of England has halved its 2025 growth estimate and cut interest rates by a quarter-point to 4.5 per cent, as it contends with a stagnant UK economy and an increasingly uncertain international ...
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the ...
The Bank of England has cut interest rates to 4.5%, but painted a gloomy picture for the UK economy by halving its growth forecast for this year and predicting a surge in inflation. Policymakers ...
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.
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...