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Bailey Says BOE Expects to Be Able to Cut Rates Further
BOE Cuts Interest Rates. What That Means for the Dollar.
The Bank of England cut interest rates on Thursday as the outlook for economic growth dims, taking a different path from the Federal Reserve.The U.K. central bank lowered its key rate to 4.5% from 4.75%,
FTSE 100 Live: Bailey Says BOE Expects to Be Able to Cut Rates Further
Governor Andrew Bailey says the BOE will take a “gradual and careful” approach to cutting rates Join the Markets Today team -- Sam Unsted, Morwenna Coniam, Nick Bartlett and Dave Goodman -- for news and analysis vital to UK markets. Email us at
[email protected]
Dovish BoE officials cut rates in the face of hawkish forecasts
The BoE’s forecasts suggest it will only cut rates two more times over the next three years on the back of higher inflation and weaker underlying growth capacity. The 7-to-2 vote to cut rates with a bias towards a larger cut suggests MPC members do not accept the hawkish message in the forecasts.
5h
on MSN
Pound slides as stagflation puts BoE on deeper cutting path
Sterling was set for its biggest one-day fall since early January on Thursday, after the Bank of England (BoE) cut interest ...
3h
US shares firm as tech earnings loom, BoE cut bruises sterling
U.S. shares held steady after European equities hit a record high, and gold prices were near an all-time peak as investor ...
4h
BoE: Gradual quarterly cuts remain our base case
In line with our view, the BoE delivered a dovish twist to its guidance with a dovish vote split, which triggered the ...
7h
European shares hit record high as BoE cuts and tech earnings loom
European shares hit a record high, gold was near one of its own all-time peaks and bond markets were back under pressure on ...
1d
Gold Dealers Sell BOE Bullion at Discount in Tariff Turmoil
Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a ...
5h
The BoE: A meeting of contradictions
Chart: December interest rate expectations have fallen sharply in 2025, as the growth outlook deteriorates. The BOE’s rate ...
4h
UK firms trim wage growth expectations, BoE survey shows
British companies' expectations for wage growth fell marginally in January and expectations for employment growth also ...
10h
on MSN
European Shares Near Record High Following Robust Earnings; BoE Rate Decision Awaited
(Reuters) - European shares hovered near a record high on Thursday, buoyed by a raft of upbeat earnings, including drugmaker ...
New Age
2h
BoE slashes UK growth outlook amid Trump tariff threat
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the ...
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