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Bank of England cuts rate

Associated Press News on MSN · 2h

The Bank of England cuts its main interest rate to 4%, the lowest level since March 2023

The Bank of England has cut its main interest rate by a quarter percentage point to 4%, as policy makers seek to bolster the sluggish U.K. economy.

BBC on MSN · 1h

Why has the Bank of England cut interest rates?

Rates are now at their lowest since March 2023 even though inflation is well above target.

Yahoo Finance · 2h

Bank of England cuts rates following historic split vote

The Bank of England cut interest rates by a quarter point to 4% Thursday, after a historic split among the Monetary Policy Committee required a second vote, indicative of the uncertainties plaguing a flagging UK economy.

7m

It’s a new era of central bank dissent — and with a whiff of stagflation in the air, that’s not likely to change

It’s an era of unprecedented central bank dissension — and agreement is hard to find when the goals are in conflict.

2hon MSN

Fed's Powell has 'utmost integrity', says Bank of England's Bailey

U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, ...

5hon MSN

Bank of England poised to cut interest rates for fifth time in a year despite fears over sluggish UK economy: Live updates

Follow live updates as the Bank of England reveals the new interest rate with many expecting a third cut this year despite ...

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