Bank of England's rate cut challenge

UK Budget fallout adds to Bank of England dilemma on interest rates
Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfort
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.
Banks offering savings rates higher than Bank of England interest
British savers may be missing out on maximising their financial investments by settling for less-than-ideal interest rates. Banks nationwide offer a plethora of savings account options, enabling customers to earn additional income each month.
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 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.
Bank of England may soon 'deliver six interest rate cuts'
Goldman Sachs has issued a new forecast that UK interest rates would fall from the current figure of 4.75 percent to 3.25 percent by spring of 2026.
Bank of England interest rate cuts and how you may be affected amid inflation change
Latest figures show that UK inflation dropped last month, potentially affecting the Bank of England's interest rate decision next month. The Consumer Prices Index (CPI) rate fell from 2.6 per cent in November to 2.
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.
Bank of England’s PRA Gives Reeves Growth-Friendly Policy Ideas
The Bank of England’s regulatory arm set out a string of ideas that could meet the government’s call to boost economic growth ...
Bank of England’s Taylor Sees Need for ‘Pre-Emptive’ Cuts to Lessen Recession Risk
Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy ...
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How Trump's Pick for Treasury Secretary Once Helped Break the Bank of England
Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, ...
All banks offering savings rates higher than Bank of England interest
Atom Bank's Saver Reward easy accent account provides a reward rate to customers when they don't make any withdrawals, ...
Barclays and Chase customers warned of changes to popular savings accounts
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
What’s the state of the job market in New England? It depends on who you ask.
People with jobs may be feeling secure as there’s little likelihood they’ll be laid off, economists say. But for job seekers, it’s getting tougher to get hired.
More job cuts loom after UK firms run down Covid coffers
UK businesses have run down a mountain of cash reserves built up during the pandemic, leaving them more likely to cut jobs ...