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The theory behind increasing interest rates to tackle inflation is that by making borrowing more expensive, more people will ...
An interest rate cut is likely to help homeowners nearing the end of a fixed-term mortgage, as well as prospective buyers, ...
In the dramatic few years that followed the Covid lockdowns, the Bank increased interest rates 14 times in an effort to ...
The Bank of England’s Monetary Policy Committee (MPC) reduced the base interest rate by 0.25 percentage points, to 4.5%. It is the fourth time interest rates have been cut over the past year ...
The Bank of England cut interest rates on Thursday to tackle the expected hit from U.S. President Donald Trump's tariffs but ...
The Bank also forecast a significant slowing of the US economy hit by its own tariffs. The Bank also said the impact of the ...
The Bank of England is likely to cut UK interest rates by a quarter point to 4.25 per cent this week and signal further ...