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 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 to be gradual as it predicted the British government's first budget would lead to higher inflation and economic growth.
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 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.
VIEW Bank of England cuts rates again, sterling higher
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 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 as U.S. president scrambled the outlook for the global economy.
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.
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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.
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 ...
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.
Bank of England cuts interest rate to 4.75% as UK inflation drops, but economic uncertainty looms
The Bank of England cut its main interest rate by a quarter of a percentage point on Thursday after inflation across ...
How the Bank of England assessed the budget
Here was the Bank of England's analysis of the U.K. budget of the new government. "Taken together, the fiscal policy announcements were provisionally expected to boost the level of GDP by around ¾% at ...
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 ...