Shock for UK as Bank of England halves its economic growth prediction
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...
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UK interest rates cut to 4.5% from 4.75%, their lowest for more than 18 months
BoE has cut rates from 4.75% to 4.5%. The decision, taken by the Bank’s Monetary Policy Committee (MPC), comes as the UK economy faces sluggish growth and rising concerns over global trade policies.
UK interest rates are too restrictive
At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...
BoE's Mann: UK inflation less of a threat as corporate pricing power weakens
UK inflation is becoming less of a threat as corporate pricing power weakens. I can see pricing coming very close to [2 ...
Rachel Reeves hit by gloomy UK growth forecast despite interest rate cut to 4.5%
The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...
Pound Sterling gains despite BoE Mann seems worried about UK demand outlook
The Pound Sterling trades higher against the US Dollar (USD) around 1.2390 in Tuesday’s North American session. The GBP/USD ...
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UK lowers interest rate to 4.5%, downgrades economic growth forecast to 0.75%
UK lowers interest rate to 4.5%, downgrades economic growth forecast to 0.75% Bank of England cuts rates amid worries of slow ...
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Five vital Bank of England charts as UK growth is downgraded and inflation is forecast to rise
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...
Bank of England expected to cut key UK 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 ...