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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. Economists polled by Reuters unanimously expect the BoE to cut its benchmark rate to 4.
Bank of England interest rates to be cut as early as next week - here's what it means for you
The Bank of England is expected to cut interest rates from 4.75% to 4.5% next week in a move that could have wide-reaching consequences for savers, borrowers and retirees
4 Bank Of England Scenarios, With A Rate Cut Widely Expected
ING is looking for three further cuts later this year, but a shaky jobs market and the prospect of lower services inflation risks pushing the BoE into more aggressive moves. Click to read.
The Bank of England's rate cut challenge: stumbling growth and stubborn inflation
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.
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.
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.
3d
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 ...
2d
on MSN
Job Market ‘Solid,’ Inflation ‘Remains Somewhat Elevated,’ Fed Says
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
1d
Sun readers’ chance to grill Bank of England boss Andrew Bailey – submit your question here
SUN readers are being given the chance to put their questions to the man responsible for setting how much interest you pay on ...
10d
on MSN
Pay after inflation rises at fastest rate since 2021
Growth in private sector earnings was stronger than for public sector jobs. Despite a risk of higher wages pushing up ...
1d
on MSN
Best savings accounts that offer above-inflation rates, 31 January
After years of low rates, high-yield savings accounts are having a moment as the Bank of England (BoE) kept interest rates at 4.75% in December. While homeowners face high mortgage rates, there is a ...
8d
Stumbling Growth and Stubborn Inflation: the BoE's Rate Cut Challenge
Inflation is stuck above the BoE's 2% target and looks set to rise further while the economy has stagnated since the middle ...
2d
Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
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