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 expected to cut interest rates
A cut to interest rates could mean lower mortgage rates.
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.
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 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),
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),
The Mirror8d
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 ...
ABC News8d
Bank of England expected to cut key UK interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the ... Official figures earlier this month showed a surprise decline in the inflation rate to 2.5% in the year to December ...
AOL8d
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 ...
The Mirror29d
Bank of England should cut interest rates pre-emptively, says commitee member
Alan Taylor, a rate-setter on the Bank of England’s monetary policy committee (MPC), has urged for an immediate interest rate cut ... inflation last month. The official figures witnessed ...
The Sun24d
Wage growth hits six-month high ahead of Bank of England interest rate decision – what it means for YOUR money
WAGE growth has hit a six-month high according to new official figures, ahead of a major decision by the Bank of England on interest rates. Average wages rose by 5.6% in the three months to ...
Reuters1mon
Bank of England's Taylor says he expects four rate cuts in 2025
LEEDS, England, Jan 15 (Reuters) - Bank of England interest rate setter Alan Taylor said on ... Taylor said a rise in British government bond yields this month represented a headwind for ...