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Bank Of England Cuts Interest Rate

Hosted on MSN · 1h

The Bank of England's latest interest rate decision is a sign of things to come

The Bank of England's decision to cut its benchmark interest rate for a second time came as a surprise to many, but the central bank has been paving the way for the move for several months now.

The New York Times · 2d

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 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.

1don MSN

Bank of England chief economist cautions over global economic ‘disturbances’

Huw Pill said the outlook for interest rate cuts depended on there being ‘no big new disturbances to the economy’.

2don MSN

Federal Reserve follows Bank of England with interest rate cut, with ‘uncertain’ economic outlook – business live

BoE says the higher bus fare cap and adding VAT to private school fees will push up UK inflation. 20:17 Q: ...

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