Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in interest rates last week did not mean she wanted a series of rate cuts or that she would vote the same way again in March.
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Bank of England Chief Economist Says Some Colleagues ‘Rushing’ to Cut Rates
Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that they are “rushing” to change policy too quickly.
Bank of England's Mann: Bigger rate cut was needed to 'cut through the noise'
Bank of England policymaker Catherine Mann said on Tuesday she voted for a half-point interest rate cut last week to "cut through the noise" about the right stance for policy, but said rates needed to remain restrictive.
Bank of England expected to cut key UK interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target.
U.K. Pound Falls After Bank of England Cuts Rates, Warns on Tariffs
Britain's central bank cut its main interest rate in response to a troubling mix of stuttering growth, stubborn inflation and President Trump’s tariff threats. Sterling lost about 0.5% against the dollar,
Bank of England's Mann sees consumer pricing near target in year ahead, FT reports
Bank of England interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are hit by job losses and spending softens, the Financial Times reported on Tuesday.
Bank of England's Mann clarifies stance on interest rate cuts
Catherine Mann, a policymaker at the Bank of England (BoE), clarified her stance on interest rate cuts during a speech on Tuesday. Her recent vote for a half percentage-point cut in interest rates, which came as a surprise to investors,
Bank of England's Bailey says world should not forget lessons of 2008 crisis
The cost of the 2008 global financial crisis (GFC) should not be forgotten during a backlash against the burden of financial ...
CNN4d
The world’s second-largest gold storage suddenly has very long lines to withdraw bars
All existing slots at the Bank of England to withdraw gold bars are booked up as market players race to ship the metal to the United States to take advantage of a surge in gold prices there ...
BBC5d
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank of England has cut interest rates from 4.75% to 4.5% - the lowest base rate since June 2023 The Bank's Monetary Policy Committee voted 7-2 in favour of the cut - those two members wanted ...
The Mirror5d
Bank of England cuts interest rates to 4.5% - what it means for your money
The Bank of England has cut interest rates by 0.25 percentage points to 4.5% in a major boost for homeowners today. The base rate is what the Bank of England charges other lenders when they borrow ...
Bank of England Cut Rates Again, Sterling Falls
LONDON (Reuters) - The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp ...
Bank of England policymaker says job losses will ‘restrain’ inflation rise
Catherine Mann said more job cuts and a slowdown in hiring partly driven by higher company taxes will slow price rises across ...
Bank of England pour doubts over major interest rate cut with fresh inflation prediction: Live
Stagflation threat rises as Bank of England downgrades growth to spark fears of economic crisis: Live - Interest rates were ...
Bank of England chief dismisses inflation as 'upward blip' and 'unlikely' to impact everyday prices
The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...