LONDON (Reuters) - Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not ...

Gift Nifty was trading around 23,710 level, a premium of nearly 20 points from the Nifty futures’ previous close, indicating ...

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The  Bank of England’s decision to cut interest rates has been widely welcomed by business, but it comes with caveats. The ...

The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...

Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...

The Bank of England has cut its main interest rats for the third time in six months as the British economy is struggling to ...

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

The base rate fell to 4.5 on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...