The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
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Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.
Consumers need “careful financial planning in the months ahead” after the Bank of England cut interest rates on Thursday, ...
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
The Bank of England's (BoE) cautious strategy in addressing the UK's economic slowdown could pave the way for a long period ...
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
Interest rates were lowered by a quarter of a point. Governor Andrew Bailey said there was "heightened uncertainty".
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