News and minutes | Bank of England
Find the latest news, minutes and letters from the Bank of England on various topics, such as monetary policy, financial stability, research and more. Filter by topic, date and format to suit your preferences.
Bank of England cuts interest rate for the first time in four years ...
Aug 1, 2024 · The Bank of England cut interest rates Thursday for the first time since the start of the pandemic, providing some relief to households squeezed by the highest borrowing costs in 16 years.
BOE’s Greene Says Falling UK Interest Rates May Spur Spending
10 hours ago · Bank of England rate-setter Megan Greene said Britain’s lagging recovery in consumer spending may be boosted as interest rate cuts reduce the impulse for households to hoard savings. Greene said ...
Bank of England - Financial Times
Oct 3, 2024 · The latest news and updates from the Bank of England. Extensive coverage and analysis of the BoE's monetary policy decisions and reports, including interest rates and job market data.
Bank of England opens door to rate cuts but calls for ‘more …
Feb 1, 2024 · The Bank of England opened the door to interest rate cuts but said it first required “more evidence” that inflation would continue falling, as it held borrowing costs at 5.25 per cent.
Bank of England signals summer cut as it holds rates at 5.25%
May 9, 2024 · The Bank of England signalled it would cut rates this summer if inflation stays low, even as it kept borrowing costs at a 16-year high of 5.25 per cent.
Home | Bank of England
Aug 16, 2024 · The Bank of England sets monetary policy, oversees the UK financial system, and issues banknotes. Learn about its mission, current bank rate, inflation target, policy actions, and research.
Bank of England holds rates, stresses June cut depends on ... - NBC News
May 9, 2024 · The Bank of England on Thursday announced a widely-expected hold on interest rates as it said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal.
Bank holds rate but says it's 'optimistic' things moving in right ...
May 9, 2024 · The Bank of England holds interest rate again at 5.25% Of the nine members of the Monetary Policy Committee - which makes the decision - seven voted to hold, and two to cut. The governor of...
Interest rates: Bank of England announces 12th successive rise
May 11, 2023 · The Bank of England raises interest rates from 4.25% to 4.5% - the 12th rise in a row and their highest level in almost 15 years. The increase means mortgage and loan costs will rise for...
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