Lenders have swiftly reduced their rates following the Bank of England's decision to lower the base rate to 4.5% yesterday afternoon ...

Bank of England Chief Economist Huw Pill has expressed disagreement with colleagues who are advocating for a substantial ...

LONDON (Reuters) - Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not ...

RBI MPC reduces the repo rate by 25 bps to 6.25%, marking the first cut in nearly 5 years, aiming to balance liquidity and ...

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

The base rate fell to 4.5 on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...

The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate. In Q4 2024, the CPI inflation was measured at 2.5% in the UK.