Interest rates cut for 2nd time this year by Bank of England

Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Bank Of England Cuts Interest Rate As Inflation Slows
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers.
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.
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls
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%.
Bank of England cuts interest rates to 4.75% as UK inflation falls below target
Bank of England's interest rate cut to 4.75% aims to counter low UK inflation at 1.7%, below the 2% target amid fiscal policy shifts.
Bank of England cuts interest rate as UK inflation hits three-year low
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions.
Fed cuts interest rates for second time this year against election backdrop
The Federal Reserve cut interest rates by a quarter percentage point on Thursday, its second consecutive reduction in the cost of borrowing. Why it matters: The Fed is gradually loosening its grip on the economy as inflation cools and the job market holds steady,
Fed chair announces interest rate cuts for the second time this year
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation.
Federal Reserve cuts interest rates for the second time this year
The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor market remain resilient.
Interest rates cut for second time this year by Bank of England
It's good news for mortgages but less so for savers as UK borrowing costs have been cut for the second time this year.
UK interest rates cut to 4.75%, as Bank of England warns budget will add to inflation – business live
BoE says the higher bus fare cap and adding VAT to private school fees will push up UK inflation.   20:04 Q: Did ...
The Associated Press on MSN5h
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.
Wall Street Journal on MSN11h
Bank of England Cuts Interest Rates Ahead of Fed Meeting
The Bank of England lowered its key interest rate, the first major central bank to move since Donald Trump’s election ...
Chancellor reminded of the political price of inflation by Bank of England
It's not just inflation expected to rise but economic growth too, according to the Bank of England's latest forecasts.
Bank of England cuts rates, sees gradual reductions ahead as Labour budget boosts inflation forecast
LONDON — The Bank of England is widely expected to cut interest rates Thursday, when policymakers deliver their first monetary policy decision following Labour's bumper budget announcement last week.
Reuters on MSN7h
Bank of England cuts rates but sees higher inflation after Reeves's budget
LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said ...