In a speech delivered in Leeds, Mann explained that the persistence of "embedded inflationary behaviours" had diminished due ...

As decided by the US Federal Reserve, the Bank of England Monetary Policy Committee, (MPC) at its meeting ending on 20 March 2024, voted by a majority of 8–1 to maintain Bank Rate at 5.25%.

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

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.

The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.

The Bank of England has taken the decision to reduce interest rates. At its meeting ending on 6 February 2025, the monetary policy committee (MPC) voted by a majority of seven to two to reduce the ...

Traders have ramped up their bets on the total number of BOE rate cuts in 2025 since January, as Europe diverges from the U.S ...

The Bank of England is widely expected to cut interest ... Most economists think the nine-member Monetary Policy Committee will lower the bank's main interest rate by a quarter of a percentage ...

The Bank of England made its first interest rate ... with a majority of seven members out of the nine-strong monetary policy committee voting in favor. Two of the MPC's members had voted for ...

The Bank of England is widely expected to cut interest rates for ... Most economists think the nine-member Monetary Policy ...