Trump election boosts UK inflation risks, Bank of England's Mann says
The Bank of England should keep interest rates on hold until upside risks to inflation - including those posed by the election of Donald Trump as the United States' next president - dissipate, a top BoE official said on Thursday.
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Bank of England's Mann sees inflation pressure keeping rates high
LONDON (Reuters) -High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest rate-setter Catherine Mann said on Wednesday. Mann cast the lone vote ...
Bank of England Cuts Interest Rates Ahead of Fed Meeting
The Bank of England cut interest rates but pointed to the uncertainty facing the global economy from fresh trade barriers and Middle East conflict
Bank Of England Cuts Interest Rate As Inflation Slows
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers.
Bank of England cuts interest rates to 4.75% – but mortgages still set to rise
Interest rates have been cut for the second time this year, by a quarter of a percentage poi, but mortgage rates are still set to rise in a blow to homeowners. The Bank of England reduced the base rate from 5 per cent to 4.75 per cent on Thursday, following a 0.25 percentage-point cut in August, which was the first drop in four years.
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%
Bank of England cuts interest rates to 4.75%, in second reduction this year
Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing households".
Live: Bank of England cuts interest rates to 4.75%
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and analysis from the team at MoneyWeek.
Bank of England’s Mann warns of upward inflation pressures; markets eye US inflation – business live
Markets await US inflation for clues on further Fed rate cuts. Opus Energy has agreed to pay more than £7m in refunds, redress and goodwill payments after the regulator Ofgem found that the company overcharged almost 88,
Bank of England's Mann sees upward inflation risks
High inflation in Britain has not been vanquished and there is a risk that some drivers of price growth could be heading upwards, Bank of England interest rate-setter Catherine Mann said on Wednesday.
BoE's Mann says central bank should keep rates on hold given global risks
Bank of England policymaker Catherine Mann said the central bank should keep interest rates on hold until upside risks to ...
Bank of England’s Pill backs ‘gradual’ interest rate cuts despite ‘sticky’ pay growth
Huw Pill signalled that further rate cuts were on the way, while striking a cautious note on the continued persistence of ...