THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
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The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
"We expect to be able to cut bank rate further as the disinflation process continues, but we will have to judge meeting by ...
Bank of England governor Andrew Bailey said he is a supporter of the Chancellor's long-term growth plans announced last week ...
The Bank of England cut interest rates by 25 basis points, even though rate-setters said they expected inflation to rise this ...
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Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.
The Bank of England has lowered interest rates and halved its growth forecast for the year. Two officials surprised markets ...
The Bank of England has reduced interest rates, predicting a temporary inflation rise and halving its growth forecast.
The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.