The New York Times

Bank of England Signals Rate Cuts as Inflation Eases

A cut in interest rates could come as soon as this summer as the central bank forecast that inflation would drop to its 2 percent target. By Eshe Nelson Reporting from London After a long stretch of ...
The New York Times

Bank of England Raises Rates More Than Expected, as Inflation Persists

“We know this is hard,” the central bank’s governor said, after increasing interest rates half a point, to 5 percent. By Eshe Nelson Reporting from London The Bank of England raised interest rates ...
MoneyWeek

Bank of England cuts interest rates to 4.75% – MPC meeting

The Bank of England cut interest rates to 4.75%, as widely anticipated. It comes after inflation fell below the Bank’s 2% target in September 2024, for the first time in over three years. The Monetary ...