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The Bank of England has cut its main interest rate by a quarter percentage point to 4%, as policy makers seek to bolster the ...
Rates are now at their lowest since March 2023 even though inflation is well above target.
Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved ...
The Bank of England is poised to cut interest rates as it grapples with slowing economic growth and lingering inflation.
With the MPC split over how to respond to an inflation rate that the BoE forecasts will soon be double its 2% target and a ...
That was the dilemma for the Bank of England when four members voted for no change to interest rates, four voted for a ...
The Bank of England cut interest rates by a quarter point to 4% Thursday, after a historic split among the Monetary Policy ...
The Bank of England (BoE) on Thursday lowered UK interest rates by a quarter point, marking its fifth cut in 12 months, ...
Nagging worries about inflation are likely to split BoE policymakers and cloud the outlook for its next moves.
The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against ...