Bank of England's Pill says pay growth stuck at high level
Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed inflation pressures in Britain remained too high for the BoE's 2% inflation target.
U.K. Pay Increases Slow Again as Bank of England Mulls Further Rate Cuts
U.K. wages rose at a slower pace in September, opening the way for further rate cuts from the Bank of England.
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%.
Bank of England cuts interest rates to 4.75% – but mortgages still set to rise
Interest rates have been cut for the second time this year, by a quarter of a percentage poi, but mortgage rates are still set to rise in a blow to homeowners. The Bank of England reduced the base rate from 5 per cent to 4.75 per cent on Thursday, following a 0.25 percentage-point cut in August, which was the first drop in four years.
Bank of England meeting: U.K. central bank cuts rates to 4.75%
The markets and economists expect the Bank of England will cut its bank rate by 25 basis point to 4.75% on Thursday. It will be the second such reduction in borrowing costs since the U.K. central bank began easing policy in August.
Live: Bank of England cuts interest rates to 4.75%
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and analysis from the team at MoneyWeek.
Bank of England Cuts Interest Rates Ahead of Fed Meeting
The Bank of England cut interest rates but pointed to the uncertainty facing the global economy from fresh trade barriers and Middle East conflict
Bank of England's Mann sees upward inflation risks
High inflation in Britain has not been vanquished and there is a risk that some drivers of price growth could be heading ...
Wall Street Journal1d
Bank of England Still Has Some Work to Do to Tame Inflation, Chief Economist Says
The Bank of England still has some way to go before it can celebrate having tamed inflation, its chief economist said ...
GB News on MSN2d
Interest rate cuts at risk as Trump tariffs to 'disturb' global economy, Bank of England warns
The Bank of England's chief economist has warned that future interest rate cuts could be affected by global "disturbances" in ...