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Bank of England's rate cut challenge
The Bank of England's rate cut challenge: stumbling growth and stubborn inflation
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.
Bank of England should cut interest rates pre-emptively, says commitee member
Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last half mile on inflation' and called for a pre-emptive cut
Bank of England interest rates forecast could mean huge boost for millions
The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the Chancellor Rachel Reeves.
Bank of England to cut interest rates four times this year - Reuters poll
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but they added that risks to inflation are to the upside, suggesting policymakers may end up doing less.
February Bank of England rate cut a 'sure bet' as growth stumbles and inflation falls
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and anaemic economic growth.
How retail misery is piling pressure on Bank of England for rate cuts
Tumbling retail sales are set to pile more pressure on Andrew Bailey and his colleagues at the Bank of England to cut interest rates further and faster...
Stumbling growth and stubborn inflation: the BoE's rate cut challenge
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.
Bank of England Set to Slash Interest Rates as UK Economy Stumbles
A weaker UK economy is expected to prompt the Bank of England to accelerate interest rate cuts; Goldman Sachs predicts up to six reductions by the end of next year. The investment bank’s analysts think that as inflationary pressures continue and economic growth slows,
Bank of England to cut interest rate six times by next year as UK economy slumps, Goldman Sachs says
Markets are greatly underestimating the likelihood that the Bank of England will need to speed up the pace of interest rate cuts, Goldman Sachs has argued. They forecast that UK interest rates could drop to 3.
11d
Warnings of 3% inflation throw Bank of England calculations in the air
The Bank of England's Monetary Policy Committee (MPC) uses interest rates to put a brake on the nation's spending.
3h
Challenges for the Pound After Inflation and GDP Edge Down
Despite a generally strong job report, the pound has held close to recent lows.
2h
on MSN
Best savings accounts that offer above-inflation rates, 24 January
UK households are always looking for ways to make their money go further amid the cost of living crisis, and savings accounts ...
2d
on MSN
Pay after inflation rises at fastest rate since 2021
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.
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