The base rate is currently at 4.75% after it was held at the previous Bank of England meeting in December 2024 - but is another cut in store for this Thursday?
The Bank of England cut interest rates by 25 basis points on Thursday, even though rate-setters expect to see a significant rise in inflation over the coming year. Seven members of the ...
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Bank of England set to cut interest rates to 4.5% in first decision of yearThe Bank of England (BoE) is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following ...
The Mirror will be posting regular live updates ahead of the latest Bank of England interest rates decision, which is due at ...
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 is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target.
The Bank of England will this week decide whether to cut interest rates again or hold them at 4.75 per cent. The central Bank will make the announcement tomorrow (Thursday, February 6) at ...
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central bank, as expected, cut interest rates by a quarter-point, its ...
For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and services. Thi Bank of England Cuts Interest Rates to 4.5% Amid Slower Growth ...
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation will prove temporary.
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