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The Bank of England is prepared to make larger interest rate cuts if the job market shows signs of slowing down, its governor has said. In an interview with the Times, Andrew Bailey said "I really do ...
The Bank of England has left its interest rates on hold at 4.25% during its Thursday meeting, though the bank has indicated that cuts were coming later in this year.
The Bank of England cut interest rates Thursday for the first time since the start of the pandemic, providing some relief to households squeezed by the highest borrowing costs in 16 years.
The Bank of England decided, by a slim margin among its policymakers, to cut interest rates on Thursday for the first time in more than four years amid slower inflation.. Britain’s central bank ...
The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in ...
The Bank of England cut interest rates as expected on Thursday, but policymakers said it would take longer for inflation in Britain to return to the bank’s 2 percent target after the new ...
The Bank of England will delay the announcement of its latest interest rate decision by two minutes on Thursday, publishing the decision at 1102 GMT rather than 1100 GMT, the bank said on Tuesday.