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UK interest rates cut to 4.5% from 4.75%, their lowest for more than 18 months
BoE has cut rates from 4.75% to 4.5%. The decision, taken by the Bank’s Monetary Policy Committee (MPC), comes as the UK ...
Shock for UK as Bank of England halves its economic growth prediction
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...
BoE's Mann: UK inflation less of a threat as corporate pricing power weakens
UK inflation is becoming less of a threat as corporate pricing power weakens. I can see pricing coming very close to [2 ...
Rachel Reeves hit by gloomy UK growth forecast despite interest rate cut to 4.5%
The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...
UK interest rates are too restrictive
At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...
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 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 ...
Chosunbiz8d
UK lowers interest rate to 4.5%, downgrades economic growth forecast to 0.75%
UK lowers interest rate to 4.5%, downgrades economic growth forecast to 0.75% Bank of England cuts rates amid worries of slow ...
Pound Sterling gains despite BoE Mann seems worried about UK demand outlook
The Pound Sterling trades higher against the US Dollar (USD) around 1.2390 in Tuesday’s North American session. The GBP/USD pair rises as the US Dollar ticks lower ahead of Federal Reserve (Fed) Chair ...
UK Firms Trim Wage Growth Expectations, BoE Survey Shows
Over half of firms contacted in the DMP survey expected to cut staff and 38% thought they would pay lower wages due to the ...
The Independent8d
Bank of England cuts interest rates to 4.5% as it downgrades growth forecast
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...