bank of england inflation news

Bank of England cuts interest rate

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.

Reuters · 2d

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.

The Associated Press - Busines… · 2d

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

The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%

Bank of England cuts rates, sees gradual reductions ahead as Labour budget boosts inflation forecast

LONDON — The Bank of England is widely expected to cut interest rates Thursday, when policymakers deliver their first monetary policy decision following Labour's bumper budget announcement last week.

2don MSN

Bank of England cuts rates but sees higher inflation after Reeves's budget

The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely ...

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Bank of England cuts interest rate

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