Traders step up bets on Bank of England interest rate cut
WEBSep 17, 2024 · Traders have stepped up their bets that the Bank of England will cut interest rates on Thursday, as markets prepare for aggressive moves by the US Federal Reserve to lower borrowing costs.
Bank of England cuts interest rate for the first time in four years ...
WEBAug 1, 2024 · 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.
Bank of England cuts rates from 16-year high, will be 'careful' on …
WEBAug 1, 2024 · The Bank of England cut interest rates from a 16-year high on Thursday after a tight vote by its policymakers who were split over whether inflation pressures had eased sufficiently.
Bank of England cuts rates to 5% in first drop since March 2020
WEBAug 1, 2024 · The Bank of England has cut interest rates from 5.25% to 5%, the first drop since the onset of the pandemic in March 2020. The BoE's rate setting committee voted by a majority of five to four...
Bank of England Cuts Interest Rates for First Time Since 2020
WEBAug 1, 2024 · 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.
Bank of England presses pause on rate cuts, highlights 'gradual …
WEBSep 19, 2024 · The BOE confirmed expectations for a hold even after the U.S. Federal Reserve on Wednesday kicked off its own rate cuts in the current cycle with a 50 basis point reduction.
Bank of England cuts rates from 16-year high, 'careful' on future …
WEBAug 1, 2024 · The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from policymakers divided over whether inflation pressures had eased sufficiently.
BoE rate decision on a knife edge - Financial Times
WEBJul 29, 2024 · With headline inflation sitting at the 2 per cent target for two successive months, the Monetary Policy Committee has an opening to deliver a quarter-point interest rate cut to 5 per cent —...
Bank of England moves closer to first rate cut since 2020
WEBMay 9, 2024 · Shortly before the BoE's announcement on Thursday, financial markets were close to fully pricing a first quarter-point BoE rate cut only in August and another in November or December taking Bank...
BoE likely to flag future rate cuts as divided policy committee meets
WEBMay 7, 2024 · Investors expect the Monetary Policy Committee to keep the key rate of interest unchanged at 5.25 per cent when it meets on Thursday. But recent statements suggest two or more officials are...