Bank of England Urges Caution on Interest Rate Cuts

What the Bank of England interest rate cut means for your money
Consumers need “careful financial planning in the months ahead” after the Bank of England cut interest rates on Thursday, wealth manager Quilter has warned. Financial planner at Quilter Holly Tomlinson said the 25 basis point cut will be “good news” for borrowers,
Bank of England to cut interest rates only twice more, NIESR predicts
Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively upbeat set of forecasts.
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 Urges Caution on Interest Rate Cuts Amid Inflation Risks
The Bank of England has issued a warning about the potential risks of cutting interest rates too soon, following economic data that suggests inflation may persist longer than expected. Megan Greene, a member of the Monetary Policy Committee (MPC),
Exclusive: Bank of England's Pill 'cautious' about further rate cuts
The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet complete, BoE Chief Economist Huw Pill told Reuters. A week after the central bank cut rates for only the third time since raising them to a 14-year high in 2023,
Bank of England policymaker issues interest rates warning after 'uncomfortable' news
ABank of England policymaker has called for a cautious approach to interest rate cuts following"uncomfortable" growth figures. Megan Greene, who is part of the central bank's Monetary Policy Committee (MPC),
London Evening Standard7d
Bank of England cuts interest rates to 4.5%
A London homeowner with a £300,000 tracker mortgage will see monthly repayments fall around £43 from £1,710 to £1,667. The Bank of England has cut its benchmark interest rate by a quarter ...
The Mirror7d
Interest rates LIVE: Bank of England decision confirmed - and it’s good news if you have a mortgage
The Bank of England ... be paying £355 more per month, compared to a typical two-year fixed rate." The Bank of England will announce its latest decision on interest rates at 12pm this ...
BBC8d
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank of England has ... matches the base rate fall, typically they will pay £17 less a month. If you have a fixed mortgage deal, the rate you pay monthly in interest is fixed until ...
AOL7d
Bank cuts interest rates and slashes growth forecast
The Bank of England ... The interest rate cut means that for the 629,000 homeowners on mortgage tracker deals that move in line with the base rate, there will typically be a £29 fall in ...
NBC New York8d
Bank of England signals further easing after rate cut, slashes growth outlook
The Bank of England made its first interest rate cut of ... Weak retail data last month also added to expectations that the BOE would cut rates. The BOE on Thursday halved the growth ...
The Mirror7d
Bank of England cuts interest rates to 4.5% - what it means for your money
The Bank of England has cut interest rates by 0.25 percentage ... Those who have a tracker mortgage see their monthly payments go up and down with the base rate. This means they get more ...