Bank of England Ready to Cut Interest Rates as Jobs Market Slows, Experts Say

Express readers have their say on whether the Bank of England should cut rates

Threadneedle Street could throw Rachel Reeves an economic lifeline by slashing interest rates on Thursday - but do you think it's a good idea?

Bank of England ready to cut interest rates as jobs market slows, experts say

The Bank’s Monetary Policy Committee (MPC) is widely expected to reduce the base rate by 0.25 percentage points to 4% on Thursday.

Breakout or Fakeout? EUR/GBP Awaits BoE Rate Cut Signal - Action Forex

On Thursday, the Bank of England is widely expected by analysts to cut its base rate by a quarter of a point to 4.0%. These expectations are weighing on the pound against the euro and the dollar on Wednesday, as the ECB and the Fed left their rates unchanged in July. Globally, this is a game of catch-up on the part of the BoE, as since August, when the cuts began, the rate has been cut by only 100 points, with 25 more to be added on Thursday. Th…

Bank of England set to cut interest rates to 4% Thursday | The latest National and International News

Borrowing costs are set to ease further with the Bank of England poised to cut interest rates for the fifth time in a year (John Walton/PA) John Walton Borrowing costs are set to ease further with the Bank of England poised to cut interest rates for the fifth time in a year, experts believe. The Bank's Monetary Policy Committee (MPC) is widely expected to reduce the base rate by 0.25 percentage points to 4% on Thursday. This would mark the fifth…

Bank of England Poised to Cut Interest Rates Tomorrow

UK Construction Slump Strengthens Case for Interest Rate Cut A sharp decline in UK construction activity last month has added further weight to expectations that the Bank of England willRead More...

Investec says savers are seeking certainty as base rate is anticipated to fall - IFA Magazine

Investec research found that nearly two out of five savers (37%) plan to switch more cash into fixed rate accounts to beat Bank of England base rate cuts Ahead of the Monetary Policy Committee’s base rate decision tomorrow, Investec Save, anticipates a cut to the Bank of England base rate which it expects will lead savers to choose fixed rate products for their deposits as they seek to lock in the most attractive and advantageous returns (please…