Bank of England's Pill 'cautious' about further rate cuts

Exclusive: Bank of England's Pill 'cautious' about further rate cuts
A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest tariff announcements raised hopes that the Federal Reserve may have some cushion to be more aggressive in cutting interest rates.
Savers 'left with bitter taste' as account interest rates cut after Bank of England decision
Nearly 40 UK banks and building societies have moved to slash their savings rates following the Bank of England's decision to lower the base rate to 4.5 per cent last week. With the consumer price index (CPI) rate of inflation easing,
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in interest rates last week did not mean she wanted a series of rate cuts or that she would vote the same way again in March.
Bank of England rate setter says inflation risk is falling after calling for jumbo rate cut
Mann's first vote for a cut during this cycle marked a departure from her comments in August, when she warned Britain not to be 'seduced' into believing that the battle against inflation is over, citing wage growth and related concerns in the services sector.
Bank of England cuts interest rates to 4.5%
The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months.
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 inflation remains above its target.
Bank of England’s tepid rate cut risks prolonged stagflation, warns deVere CEO
The Bank of England’s hesitant approach to tackling the UK’s economic malaise is setting the stage for prolonged stagnation, warns Nigel Green, CEO of global financial advisory giant deVere Group.The Monetary Policy Committee (MPC) voted 7-2 to cut rates by a modest 25 basis points to 4.
Bank of England Urges Caution on Interest Rate Cuts Amid Inflation Risks
The Bank of England has issued a warning about the potential risks of cutting interest rates too soon, following economic data that suggests inflation may persist longer than expected. Megan Greene, a member of the Monetary Policy Committee (MPC),
What is happening in the gold vaults at the Bank of England?
The four-to-eight-week waiting time to get gold out means that a discount in gold held at the BoE — known in the market as ...
The Bank of England gold rush that's pushing up the price
Deep under the Bank of England, in a network of vaults into which cameras are rarely admitted, sits the world's second ...
Investors are not taking the Bank of England seriously
The Bank of England's latest forecasts show that policymakers are far more nervous about inflation than many in the City.
Businesses set for Bank of England update in Wolverhampton panel event
Black Country businesses are being invited to receive a Bank of England update on the economic outlook at an upcoming Chamber ...
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Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank of England has cut interest rates from 4.75% to 4.5% - the lowest base rate since June 2023 The Bank's Monetary Policy Committee voted 7-2 in favour of the cut - those two members wanted ...
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Pound falls slightly against euro ahead of data releases
T he pound fell slightly against the euro ahead of upcoming economic data releases and a much-anticipated speech by Bank of ...
UK politics live: Rachel Reeves under fire for ‘exaggerating Bank of England experience on online CV’
It was reported the chancellor left the central bank nine months earlier than she stated in her LinkedIn profile ...
Bank of England's Bailey says world should not forget lessons of 2008 crisis
The cost of the 2008 global financial crisis (GFC) should not be forgotten during a backlash against the burden of financial ...