Bank of England cuts rates, sees weaker growth and inflation spike
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.
Interest rates cut by Bank of England - first meeting of monetary policy committee in 2025
The Bank of England has taken the decision to reduce interest rates. At its meeting ending on 6 February 2025, the monetary policy committee (MPC) voted by a majority of seven to two to reduce the bank rate by 0.25 percentage points, to 4.5 per cent.
The Bank of England’s Monetary Policy Committee voted to cut interest rates to a 19-month low but struck a hawkish tone by ...
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...
The Bank of England has cut interest rates for the third time since the inflation crisis, taking the base rate to 4.5 per ...
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
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