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Bank of England cuts interest rate
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 economist warns of 'disturbances' that could hit interest rates
The Bank of England's chief economist, Huw Pill, has warned that global economic "disturbances" could influence the trajectory for interest rate cuts following Donald Trump's victory in the US presidential election.
Bank of England cuts rates but sees higher inflation after Reeves' budget
LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after the new government's first budget.
12h
Five crucial Bank of England charts: why it says the Budget WILL lead to a rise in inflation
The Bank of England's Monetary Policy Committee has posted a 90-page report outlining its musings on the future for inflation and the economy.
4d
Interest rates cut by Bank of England to 4.75% - what it means for your mortgage and savings
Interest rates have been cut by the
Bank
of England
for the second time this year. The base rate has been reduced from 5% ...
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