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The Bank of England's interest rate cut is likely to bring relief to borrowers, businesses and hard-pressed consumers across ...
The Bank of England cut interest rates on Thursday to tackle the expected hit from U.S. President Donald Trump's tariffs but ...
The Bank of England cut rates, highlighting a growing gap in how global central banks and the Federal Reserve are approaching ...
The Bank of England is cutting its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the ...
The Bank of England on Thursday lowered its interest rates for the second time this year as the U.K. central bank responds to ...
The BoE expects the economy to grow this year by 1%, a bit more than February's forecast of 0.75%, thanks to a strong end to ...
The Bank also forecast a significant slowing of the US economy hit by its own tariffs. The Bank also said the impact of the ...
Thursday's decision was the British central bank's first since Trump announced wide-ranging tariffs on April 2, which ...
The decision in favour of a cut was clear on the committee. Two members of the MPC — Alan Taylor and Swati Dhingra — voted ...
The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation.
The theory behind increasing interest rates to tackle inflation is that by making borrowing more expensive, more people will ...