Bank of England Urges Caution on Interest Rate Cuts

Bank of England to cut interest rates only twice more, NIESR predicts
Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively upbeat set of forecasts.
Readers' prediction on Bank of England interest rate cut proves right
Ahead of the the Bank of England's first interest rate decision of the year we asked readers whether they believed the central bank would announce another cut.
Bank of England cuts interest rates amid continued near-stagnant growth
The Bank of England cut interest rates from 4.75% to 4.5% following an unexpected fall in inflation in December, but while this should bring immediate relief to homeowners, the Bank also downgraded its growth forecasts for the first quarter of 2025, now predicting a 0.1% rise in GDP.
Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in interest rates last week did not mean she wanted a series of rate cuts or that she would vote the same way again in March.
Dealers welcome Bank of England interest rate cut UPDATE
The Bank of England (BoE) has confirmed that interest rates will be cut to 4.5% today, the lowest level since June 2023. The announcement was welcomed by d
Bank of England Urges Caution on Interest Rate Cuts Amid Inflation Risks
The Bank of England has issued a warning about the potential risks of cutting interest rates too soon, following economic data that suggests inflation may persist longer than expected. Megan Greene, a member of the Monetary Policy Committee (MPC),
Exclusive: Bank of England's Pill 'cautious' about further rate cuts
The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet complete, BoE Chief Economist Huw Pill told Reuters. A week after the central bank cut rates for only the third time since raising them to a 14-year high in 2023,
Bank of England policymaker issues interest rates warning after 'uncomfortable' news
ABank of England policymaker has called for a cautious approach to interest rate cuts following"uncomfortable" growth figures. Megan Greene, who is part of the central bank's Monetary Policy Committee (MPC),
Bank of England policymaker says job losses will ‘restrain’ inflation rise
Bank of England policymaker says job losses will ‘restrain’ inflation rise - Catherine Mann said more job cuts and a slowdown ...
Bank of England's Mann sees consumer pricing near target in year ahead, FT reports
Bank of England interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are ...
BBC8d
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
Speaking to the BBC's Political Editor Chris Mason at the National Nuclear Laboratory in Preston, Starmer notes that wages have also gone up more than inflation. On the Bank of England's growth ...
WDRB8d
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate for the third time in six months. In a statement Thursday ...
The Grand Junction Daily Sentinel9d
Bank of England set to cut interest rate
The Bank of England was widely expected to cut its key interest rate on Thursday to help support weak British growth even if UK inflation stays elevated. At its first rate meeting of the year ...
Pacific Daily News8d
Bank of England slashes UK growth outlook amid Trump tariff threat
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. The sharp ...