The Bank of England decided to hold the base rate for the sixth time in a row this week – but was it the right ...
The UK is expected to come out of recession, but it would be wise not to expect a reduction any time soon It would come as a shock to most economists if the Bank of England opted to cut interest ...
The Bank of England has held interest rates at 5.25% but indicated it is edging towards cutting borrowing costs. At its latest meeting, the Bank said it had discussed cutting rates, with inflation ...
The Bank of England has continued to keep interest rates frozen at 5.25% in May – unchanged since August 2023. But inflation has fallen again and could even reach the central bank’s target of ...
The Bank of England could leapfrog the US Federal Reserve and European Central Bank this week with a first base rate cut. Markets are pricing a small but growing chance that the BoE's Monetary ...
Interest rates have been kept at 5.25 per cent for the past six months following multiple rate hikes to ease inflation from ...
Andrew Bailey, Governor of the Bank of England, during the Bank of England Monetary Policy Report press conference, at the Bank of England, London. Picture date: Thursday February 1, 2024.
In its latest Monetary Policy Committee meeting, the Bank of England again voted to keep interest rates steady at 5.2pc, however, forecasters predict an eventual shift is on the horizon.
As Chris Sykes, mortgage technical manager at Private Finance, puts it: 'Alongside the cost of living, wage increases are ...
Money latest: Inflation falling doesn't mean we should cut interest rates, Bank of England economist says Recent falls in inflation may have spurred talk of interest rate cuts, but the BoE's ...
The Bank of England, which is required by the government to maintain long-term UK inflation at 2%, has kept interest rates on hold at a 15-year high of 5.25% since August 2023.
Borrowers may have to wait longer to see interest rates come down as Bank of England chiefs look set to hold out for stronger signs that the cost-of-living crisis has abated. The Bank's Monetary ...