Bank of England cuts key UK interest rate

Shock for UK as Bank of England halves its economic growth prediction
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The bank now predicts that the British economy will only grow by 0.75% this year,
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Bank of England expected to cut key UK interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target
Interest rates: Bank of England decision cuts UK rate, what it means for mortgage rates and prices - news
For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and services. Thi Bank of England Cuts Interest Rates to 4.5% Amid Slower Growth and Rising Inflation Fears s could particularly affect essentials, such as food, energy, and transportation.
Bank of England cuts key UK interest rate to 4.50% as economy stagnates
It will be welcome news to many that we have been able to cut interest rates again today," said Bank Gov. Andrew Bailey. "We’ll be monitoring the U.K. economy and global deve
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement, the bank's nine-member Monetary Policy Committee lowered its main interest rate by a quarter of a percentage point to 4.
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UK: Bank of England cuts interest rate to 4.5 pct
Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...
Five vital Bank of England charts as UK growth is downgraded and inflation is forecast to rise
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...
Stocks rise as traders await Amazon earnings and UK rate cut and US jobs data
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Bank of England should cut rates pre-emptively, says committee member
Alan Taylor, the most recently appointed member of the Bank’s monetary policy committee (MPC) said the UK is ‘in the last half mile on inflation’. Bank of England MPC member Alan Taylor has ...