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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Bank of England cuts interest rates
The Bank of England's monetary policy committee's decision to cut interest rates is the third cut to the cost of borrowing in ...
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Bank of England cuts interest rate to 4.5%
The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, citing concerns about stagnant growth. The decision was made by the Monetary Policy ...
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC's Steve ...
Pound sliding ahead of Bank of England decision
The British pound was seeing notable pressure Thursday ahead of a Bank of England decision where expectations are for a quarter-point rate cut. Vanguard senior economist Shaan Raithatha said his firm ...