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Bank of England cuts interest rate

Bank of England cuts rates but sees higher inflation after Reeves' budget

LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after the new government's first budget.

The New York Times · 3d

Bank of England Cuts Interest Rates, but Signals Stickier Inflation

The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.

The Associated Press - Busines… · 4d

Bank of England cuts UK interest rates again despite modest budget-related inflation spike

The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%.

3don MSN

Bank of England cuts rates but sees higher inflation after Reeves's budget

The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely ...

GB News on MSN8h

Interest rate cuts at risk as Trump tariffs to 'disturb' global economy, Bank of England warns

The Bank of England's chief economist has warned that future interest rate cuts could be affected by global "disturbances" in ...

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