Bank of England Set to Cut Base Rate to Lowest Level in Two and a Half Years
10 Articles
10 Articles
Bank of England’s Rate Path: Gradual Cuts Amid a Foggy Outlook - Finnoexpert
The Bank of England is expected to lower its key for the fifth consecutive time this Thursday. The move would mark another cautious step in unwinding the restrictive stance it has held for years—even as remains stubbornly above target and labor market slack becomes more visible. Policymakers are walking a fine line between supporting growth and anchoring price stability, in an environment clouded by noisy data and geopolitical uncertainty. In ma…
Interest rates set to fall but further cuts unlikely this year
The Bank of England is unlikely to signal faster interest rate cuts at this Thursday’s meeting, leading economists have said, leaving the future of monetary policy in the balance. Monetary Policy Committee (MPC) members are widely expected to agree to cut interest rates by 25 basis points to four per cent. But City analysts have suggested that the future of interest rates thereafter will be harder to predict unless the Bank alters its “gradual…
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