Bank of England Poised to Take a Hawkish Tilt: Decision Guide
1 week, 5 days ago

Bank of England Poised to Take a Hawkish Tilt: Decision Guide

Live Mint  

-- The Bank of England is likely to turn less dovish on Thursday as officials start to fret about the fallout from Donald Trump’s tariff wars and a renewed bout of domestic inflation. Rate-setters added “careful” to the language to reflect the uncertainty created by Trump’s aggressive trade policies, which threaten both slower growth and higher inflation. Bailey has said this wording doesn’t necessarily mean slower reductions in borrowing costs, arguing that the “risks are two-sided.” The minutes are also expected to underscore the BOE’s meeting-by-meeting approach and differences on the committee over whether the UK economy’s weakness is driven by tepid demand or subdued supply. Growth and inflation While the BOE’s next forecasts are not due until the May meeting, it could provide some early tweaks to projections made last month. Earlier this month Bailey said the impact on inflation “can be ambiguous” but warned that the risks to the UK economy “are substantial.” The OECD this week warned of slower growth and higher inflation across developed economies that could worsen notably if trade tensions escalate.

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History of this topic

Bank of England holds interest rates at 4.5% amid 'Stagflation' fears: Cuts paused as wages surge despite economic slowdown driven by Labour's tax raid and Trump's trade war
1 week, 4 days ago

Bank of England holds interest rates at 4.5% amid 'Stagflation' fears: Cuts paused as wages surge despite economic slowdown driven by Labour's tax raid and Trump's trade war

Daily Mail  

The Bank of England snubbed pleas for interest rate cuts today amid fears inflation is still a threat. BoE governor Andrew Bailey has been keen to stress that the committee wants to take a 'gradual and careful approach' to reducing rates while monitoring changes in the UK and global economy The Pound immediately ticked up against the US dollar on …

Bank of England set to keep main UK rate unchanged at 4.50% despite gloomy economic news
Trending News
1 week, 4 days ago

Bank of England set to keep main UK rate unchanged at 4.50% despite gloomy economic news

Hindustan Times  

LONDON — The Bank of England is set to keep U.K. interest rates unchanged Thursday even though the economy is barely growing and set for further uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. Bank of England set to keep main UK rate unchanged at 4.50% despite gloomy economic news The nine-member …

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
Trending News
1 week, 4 days ago

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold

Associated Press  

LONDON — The Bank of England kept its main U.K. interest rate unchanged at 4.50% on Thursday even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The decision by the nine-member Monetary Policy Committee was widely expected, and comes a day …

Interest rate cuts might not be 'rapid' due to 'sticky' inflation, Bank of England chiefs warn as they highlight 'substantial' risks from Trump's trade war
3 weeks, 5 days ago

Interest rate cuts might not be 'rapid' due to 'sticky' inflation, Bank of England chiefs warn as they highlight 'substantial' risks from Trump's trade war

Daily Mail  

Bank of England chiefs today warned of a dual threat from sticky inflation and Donald Trump's trade war. Giving evidence to MPs, the Bank's chief economist Huw Pill warned interest rates might not fall as fast as hopes because there is still 'more work to do' to tackle price pressures. Meanwhile, Governor Andrew Bailey told the Treasury Select Committee there …

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut
4 weeks ago

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut

Associated Press  

FRANKFURT, Germany — Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank - but leaving open how far the central bank will go in lowering borrowing costs for an economy that’s still struggling to show robust growth. The February figure for the 20 countries that use …

UK inflation spikes to a 10-month high, likely to worry the Bank of England
1 month, 1 week ago

UK inflation spikes to a 10-month high, likely to worry the Bank of England

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Inflation in the U.K. rose …

UK inflation spikes to a 10-month high, likely to worry the Bank of England
1 month, 1 week ago

UK inflation spikes to a 10-month high, likely to worry the Bank of England

Associated Press  

LONDON — Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England. The spike, which took inflation further above the bank’s target of 2%, was largely due to increases in airfares, food casts and private school fees in …

Bank of England policymakers
Trending News
1 month, 3 weeks ago

Bank of England policymakers

Live Mint  

LONDON, Feb 6 - The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation will prove temporary. Here's what Bank of England officials said in a press conference following that decision: BANK OF ENGLAND GOVERNOR ANDREW BAILEY On Inflation and future rate moves: "We expect to …

Bank of England CUTS interest rates to 4.5% in boost for Brits amid fears over Labour's stalling economy... but could Trump's tariffs thwart hopes of more falls?
Top News
1 month, 3 weeks ago

Bank of England CUTS interest rates to 4.5% in boost for Brits amid fears over Labour's stalling economy... but could Trump's tariffs thwart hopes of more falls?

Daily Mail  

The Bank of England boosted Brits today by cutting interest rates amid fears over the stalling economy. The need to kickstart activity looks to have outweighed fears that Donald Trump's trade tariffs will put upwards pressure on inflation - something Threadneedle Street uses interest rates to counter. The Bank of England in London is pictured yesterday ahead of the base …

Bank of England must cut rates and kickstart UK growth, says ALEX BRUMMER
1 month, 3 weeks ago

Bank of England must cut rates and kickstart UK growth, says ALEX BRUMMER

Daily Mail  

Rachel Reeves is haunted by a darkening economic outlook. Worse outlook: The Bank of England is expected to lower its growth forecast given worsening business conditions There is now loose talk at Westminster of an emergency budget in March amid uncertainty in government about a trade deal with Donald Trump. The Bank is expected to lower its growth forecast given …

Relief for Brits with Bank of England set to cut interest rates TODAY to boost Labour's stalling economy - despite fears Trump trade war will fuel inflation
Trending News
1 month, 3 weeks ago

Relief for Brits with Bank of England set to cut interest rates TODAY to boost Labour's stalling economy - despite fears Trump trade war will fuel inflation

Daily Mail  

The Bank of England is poised to offer Brits some relief and boost the stalling economy today with a cut to interest rates. The need to kickstart activity looks set to outweigh fears that Donald Trump's trade tariffs will put upwards pressure on inflation - something Threadneedle Street uses interest rates to counter. The base rate rose as high as …

Bank of England halves UK growth projection and cuts main interest rate to 4.50%
1 month, 3 weeks ago

Bank of England halves UK growth projection and cuts main interest rate to 4.50%

Associated Press  

LONDON — 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 4.50%, taking it to its lowest level …

Bank of England expected to cut key UK interest rate to 4.50%
1 month, 3 weeks ago

Bank of England expected to cut key UK interest rate to 4.50%

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England is …

Bank of England could cut interest rates four times as Donald Trump's tariffs bite
1 month, 4 weeks ago

Bank of England could cut interest rates four times as Donald Trump's tariffs bite

Daily Mail  

The Bank of England could cut interest rates more aggressively as Donald Trump’s tariff policies fuel fears of a global downturn. Rate-setters are all but certain to announce a cut from 4.75 per cent to 4.5 per cent at the next Monetary Policy Committee meeting on Thursday. The President warned that the European Union could be next in the firing …

UK interest rate cut a ‘sure bet’ amid faltering economic growth, say experts
1 month, 4 weeks ago

UK interest rate cut a ‘sure bet’ amid faltering economic growth, say experts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Senior economists at the Bank of England will meet …

Analysis: What does the Bank of England’s interest rate decision mean for mortgages?
3 months, 1 week ago

Analysis: What does the Bank of England’s interest rate decision mean for mortgages?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England held …

As the Bank of England holds interest rates, should we fear ‘stagflation’?
Trending News
3 months, 1 week ago

As the Bank of England holds interest rates, should we fear ‘stagflation’?

The Independent  

Should “stagflation” be our word of the day? Concern about the other problems might explain why the Bank of England’s committee voted the way it in deciding to hold rates even when other central banks have been cutting. The doves this time were concerned about Britain’s “weakening labour market” – although it would have to weaken a lot for Britain …

Bank of England holds interest rates at 4.75% but says UK economy stagnating
3 months, 1 week ago

Bank of England holds interest rates at 4.75% but says UK economy stagnating

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK interest rates have been …

UK interest rates held at 4.75% amid ‘heightened economic uncertainty’
3 months, 1 week ago

UK interest rates held at 4.75% amid ‘heightened economic uncertainty’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England has …

Bank of England HOLDS interest rates despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation
Trending News
3 months, 1 week ago

Bank of England HOLDS interest rates despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation

Daily Mail  

The Bank of England kept interest rates on hold today despite mounting alarm at the stalling economy. Interest rates, which influence how much banks charge for loans and mortgages, are used as a tool by the central bank to keep inflation at its 2 per cent target level. Most economists had thought the latest data, and the prospect of price …

Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold
3 months, 1 week ago

Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold

Associated Press  

LONDON — The U.K.’s central bank warned Thursday of “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target, even at a time when the British economy is flatlining at best. The Bank of England’s nine-member Monetary Policy Committee kept its main interest rate unchanged at 4.75% with new data showing inflation rising to 2.6%, …

Bank of England set to keep UK interest rates on hold despite paltry economic growth
3 months, 1 week ago

Bank of England set to keep UK interest rates on hold despite paltry economic growth

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The U.K.'s central bank is …

Interest rates live updates: Bank of England verdict due after surprise inflation rise
Top News
3 months, 1 week ago

Interest rates live updates: Bank of England verdict due after surprise inflation rise

The Independent  

Chancellor of the exchequer Rachel Reeves said the figures are a ‘reminder that for too long the economy has not worked for working people For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN …

Bank of England set to keep interest rates on hold TODAY despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation
Top News
3 months, 1 week ago

Bank of England set to keep interest rates on hold TODAY despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation

Daily Mail  

The Bank of England is set to keep interest rates on hold today despite mounting alarm at the stalling economy. Interest rates, which influence how much banks charge for loans and mortgages, are used as a tool by the central bank to keep inflation at its 2 per cent target level. Rob Wood, chief UK economist for Pantheon Macroeconomics, said: …

Hawkish cut for Fed as 'foggy night' lies ahead: America's central bank slashes rates for third time this year
3 months, 1 week ago

Hawkish cut for Fed as 'foggy night' lies ahead: America's central bank slashes rates for third time this year

Daily Mail  

America’s central bank last night slashed interest rates for the third time this year but signalled that further cuts in 2025 will be slower than previously thought. The pre-Christmas boost for borrowers in the world’s biggest economy took rates down to a range of 4.25 to 4.5 per cent, a full percentage point lower than where they were in September. …

What does rising inflation mean for you - and has it killed off a Bank of England interest rate cut?
3 months, 1 week ago

What does rising inflation mean for you - and has it killed off a Bank of England interest rate cut?

Daily Mail  

Inflation in the UK climbed to 2.6 per cent in November, it was revealed today, as the rise in the cost of living accelerated again. James Smith, developed markets economist, UK, at ING, said: 'Our base case is for back-to-back to rate cuts from February onwards, with Bank Rate falling to 3.25 per cent later in the year. While services …

Bank of England expected to hold interest rates after jump in inflation
3 months, 2 weeks ago

Bank of England expected to hold interest rates after jump in inflation

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England is …

Bank of England’s Newest Rate-Setter Shows Dovish Leaning
4 months, 1 week ago

Bank of England’s Newest Rate-Setter Shows Dovish Leaning

Live Mint  

-- The Bank of England may cut interest rates faster than markets are betting if the economy weakens, according to its newest rate-setter Alan Taylor. In his first public appearance since joining the Monetary Policy Committee, Taylor told UK lawmakers on Tuesday that higher mortgage costs and a “wait-and-see” approach by consumers and businesses are “weighing on the economy.” “If …

Bank of England cuts interest rate to 4.75% as UK inflation drops, but economic uncertainty looms
Top News
4 months, 3 weeks ago

Bank of England cuts interest rate to 4.75% as UK inflation drops, but economic uncertainty looms

Firstpost  

From the start of the year to September, UK inflation stood at 1.7 per cent, its lowest level since April 2021 and below the central bank’s target rate of 2 per cent The Bank of England cut its main interest rate by a quarter of a percentage point on Thursday after inflation across the UK fell below its target rate …

Boost for Brits as Bank of England trims interest rates from 5% to 4.75%... but will hopes of 'aggressive' cuts be dashed by Labour's big-spending Budget?
Top News
4 months, 3 weeks ago

Boost for Brits as Bank of England trims interest rates from 5% to 4.75%... but will hopes of 'aggressive' cuts be dashed by Labour's big-spending Budget?

Daily Mail  

The Bank of England cut interest rates today - amid fears the big-spending Budget will keep borrowing costs higher in future. Tim Moore, economics director at S&P Global Market Intelligence, said: 'October data signalled another slowdown in output growth across the service sector as heightened business uncertainty and concerns about the general UK economic outlook had an adverse impact on …

Brits hope for mortgage relief with Bank of England poised to cut interest rates TODAY… but fears big-spending Budget could keep borrowing costs higher for years
4 months, 3 weeks ago

Brits hope for mortgage relief with Bank of England poised to cut interest rates TODAY… but fears big-spending Budget could keep borrowing costs higher for years

Daily Mail  

The Bank of England is poised to cut interest rates today - but could signal that the big-spending Budget will keep borrowing costs higher in future. Threadneedle Street's decision could be swayed by grim figures this week showing growth in the UK services sector slowing to its lowest rate in nearly a year. Tim Moore, economics director at S&P Global …

Bank of England cuts UK interest rates again despite modest budget-related inflation spike
4 months, 3 weeks ago

Bank of England cuts UK interest rates again despite modest budget-related inflation spike

Associated Press  

LONDON — The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. fell significantly, relieving some pressure on borrowers who have faced elevated mortgage and loan costs. Though inflation has fallen below the bank’s target of 2%, Governor Andrew Bailey cautioned that interest rates would …

Bank of England poised to cut UK interest rates for second time this year
Top News
4 months, 3 weeks ago

Bank of England poised to cut UK interest rates for second time this year

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK borrowing costs are set …

UK's central bank cuts interest rate
4 months, 3 weeks ago

UK's central bank cuts interest rate

China Daily  

By Earle Gale in London | chinadaily.com.cn | Updated: 2024-11-07 22:35 Pedstrians pass the Bank of England, Britain's central Bank, in London, on November 7, 2024. The United Kingdom's central bank, the Bank of England, or BoE, cut its base interest rate on Thursday, to 4.75 percent from 5 percent, in a move seen as a declaration that rampant inflation …

Trump Policies Cloud Bank of England’s Path to Future Rate Cuts
4 months, 3 weeks ago

Trump Policies Cloud Bank of England’s Path to Future Rate Cuts

Live Mint  

The Bank of England is all but assured to cut interest rates by another quarter point this week, but a second US presidential term for Donald Trump has cast new uncertainty over future policy easing in the UK. Ward agreed that a rate cut on Thursday was “a done deal, as adding to market volatility by not cutting would not …

Bank of England poised to cut UK interest rates for second time this year
4 months, 3 weeks ago

Bank of England poised to cut UK interest rates for second time this year

The Independent  

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Something to cheer us all with rates set be slashed on both sides of the Atlantic: ALEX BRUMMER
4 months, 3 weeks ago

Something to cheer us all with rates set be slashed on both sides of the Atlantic: ALEX BRUMMER

Daily Mail  

Coming hot on the heels of two momentous events – and I don’t mean Halloween and Guy Fawkes – scant attention is being paid to interest rates. Both the Bank of England and the US Federal Reserve are odds on to cut official interest rates. Prediction: Both the Bank of England and the US Federal Reserve are odds on to …

Bank of England rate cut expected despite ‘fiscal loosening’ of Budget
4 months, 4 weeks ago

Bank of England rate cut expected despite ‘fiscal loosening’ of Budget

The Independent  

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Interest rate cut ‘nailed on’ after UK inflation falls to three-year low
5 months, 2 weeks ago

Interest rate cut ‘nailed on’ after UK inflation falls to three-year low

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A fall in UK inflation …

Bank of England could be ‘more aggressive’ with interest rate cuts, says governor
5 months, 3 weeks ago

Bank of England could be ‘more aggressive’ with interest rate cuts, says governor

The Independent  

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Senior Bank official calls for 'cautious, steady as she goes approach' to rate cuts
6 months ago

Senior Bank official calls for 'cautious, steady as she goes approach' to rate cuts

Daily Mail  

A senior Bank of England official has called for a ‘cautious, steady as she goes approach’ to cutting interest rates amid inflation pressures. Megan Greene said it was ‘appropriate to take a gradual approach to removing restrictiveness’ – echoing the Bank’s Governor Andrew Bailey. Cautious: Megan Greene is a member of the Bank of England's rate-setting Monetary Policy Committee The …

Bank says interest rates could be cut ‘gradually’ after holding at 5%
6 months, 1 week ago

Bank says interest rates could be cut ‘gradually’ after holding at 5%

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England has …

UK interest rates live: Bank of England holds at 5% after shock US Fed cut
6 months, 1 week ago

UK interest rates live: Bank of England holds at 5% after shock US Fed cut

The Independent  

✕ Close Inflation set to remain above 2% target in August, say experts Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates …

UK interest rates kept at 5% as Bank of England says ‘vital’ inflation stays low
6 months, 1 week ago

UK interest rates kept at 5% as Bank of England says ‘vital’ inflation stays low

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England has …

Bank of England widely expected to hold interest rates despite big US Fed cut
6 months, 1 week ago

Bank of England widely expected to hold interest rates despite big US Fed cut

The Independent  

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Bank of England poised to hold interest rates at 5%, economists say
6 months, 1 week ago

Bank of England poised to hold interest rates at 5%, economists say

The Independent  

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Bank of England set to pause interest rate cuts as ‘cautious tone’ sticks
6 months, 2 weeks ago

Bank of England set to pause interest rate cuts as ‘cautious tone’ sticks

The Independent  

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Bank of England to chart ‘steady’ course on future rate cuts, says Bailey
7 months, 1 week ago

Bank of England to chart ‘steady’ course on future rate cuts, says Bailey

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bank of England governor Andrew …

Inflation climbs above Bank of England target in first rise of 2024
7 months, 2 weeks ago

Inflation climbs above Bank of England target in first rise of 2024

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Inflation has risen for the …

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