Bank of England cuts rates and growth outlook, sees inflation 'bump'
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.
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...
The first central bank interest rate moves of 2025 suggest it will be a year where some important heavyweights, in both the ...
UK lowers interest rate to 4.5%, downgrades economic growth forecast to 0.75% Bank of England cuts rates amid worries of slow ...
Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
UK Finance called for the central bank to go further by increasing the size threshold to £40bn-£50bn to take account of inflation since the rule was introduced in 2015. It also called for the active ...
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