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News

Bank of England cuts rate

Reuters on MSN · 4h
Bank of England's Pill sees risks that could slow pace of rate cuts
Bank of England Chief Economist Huw Pill said on Friday that inflation pressures were likely to continue weakening, but there was a risk that future rate cuts could be delayed by shifts in longer-term price- and wage-setting behaviour in the economy.
The Wall Street Journal · 14h
Bank of England Cuts Rates After Tight Vote
The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.
BBC · 19h
Bank of England cuts interest rates to 4%, the lowest level in two years
Governor Andrew Bailey tells the BBC he expects rates to continue falling, but “the course is a bit more uncertain”.
1don MSN

Interest rates live: Bank of England warns surging food prices could push inflation to 4%

Bank of England warns surging food prices could push inflation to 4% - Governor Andrew Bailey says there is ‘genuine ...
1d

Food inflation will hit 5.5% in 2025, Bank of England warns

Food price increases have been driven by rising key food commodities, higher employment costs and extended producer ...

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