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The Bank also forecast a significant slowing of the US economy hit by its own tariffs. The Bank also said the impact of the ...
The central bank's chief economist Huw Pill (pictured) said he was still worried about stubbornly above-target inflation.
The Bank of England cut interest rates on Thursday to tackle the expected hit from U.S. President Donald Trump's tariffs but ...
Bank of England interest rate-setter Catherine Mann said she voted to keep borrowing costs on hold last week - having sought ...
Further interest rate cuts will not happen unless wage growth slows materially, a Bank of England rate-setter has warned.
The Monetary Policy Committee reduced the level from 4.5 per cent as fears over the stalling economy outweighed the threat of ...
The decision in favour of a cut was clear on the committee. Two members of the MPC — Alan Taylor and Swati Dhingra — voted ...
Deputy governor Clare Lombardelli warned Trump's trade war will hit the UK economy but said 'caution remains appropriate'.
Further interest rate cuts made by the Bank of England would get consumers to spend more and boost the economy, businesses have said.
The Bank of England's decision to reduce interest rates is set to encourage major banks to cut mortgage rates, analysts have ...
It cut its key interest rate by a quarter point to 4.25 per cent. Read more at straitstimes.com. Read more at ...
Any kind of trade deal will help limit the damage to the U.K. from President Trump's tariffs, said Bank of England Gov.