Bank of England ‘under pressure’ to slow bond sales amid market tumult September 5, 2025 The Bank of England should slow its quantitative tightening programme and stop active sales of long-dated bonds entirely in the wake of this week’s bond rout that saw the cost of long-term borrowing soar to its highest level this century, a group of top economists has said. Markets were rocked by a global sell-off in [...]
No more interest rate cuts expected as inflation runs ‘miles above target’ August 20, 2025 No further interest rate cuts are expected to be made this year after inflation in the year to July was higher than economists forecast. Markets had priced in a 50 per cent chance of an interest rate cut being made at the Bank of England’s November meeting before fresh price growth data was published on [...]
Bank of England: Future of interest rate cuts now ‘more uncertain’ August 7, 2025 The future of interest rate cuts is now “more uncertain” as the Bank of England suggested it was more worried about inflation ticking up higher than expected. In its decision on Thursday, the Bank voted 5-4 for interest rates to be cut by 25 basis points to four per cent. But the Bank now believes [...]
LIVE: Bank of England cuts interest rates to four per cent August 7, 2025 The Bank of England has slashed interest rates to the lowest level in more than two years at four per cent. The decision to cut rates from 4.25 per cent comes after members were told to vote for a second time after facing a split decision. It follows the Bank’s chief economist, Huw Pill, telling [...]
Cut interest rates to four per cent, Morning Wire Shadow MPC says August 5, 2025 Top economists have voted 8-1 for interest rates to be slashed by 25 basis points in Morning Wire’s new Shadow Monetary Policy Committee (MPC). Amid high inflation and falling job numbers, the Bank of England is set to face a difficult finely balanced decision on Thursday on whether to cut interest rates from the current [...]
Bank of England to cut interest rates but faces dilemma on outlook August 4, 2025 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 [...]
Bank of England urged to hold interest rates despite jobs drop July 17, 2025 A leading City forecaster has advised Bank of England policymakers to vote to hold interest rates at its next meeting in August to help battle rising inflation. Robert Wood, UK economist at Pantheon Macroeconomics, warned the Bank of England not to read too much into the drop in jobs numbers, with initial estimates by the [...]
Bank of England interest rate cut ‘almost certain’ after poor growth July 11, 2025 Fresh growth figures have fuelled speculation of an August interest rate cut in a bid to give the waning UK economy a shot of life. The Office for National Statistics (ONS) revealed on Friday the UK economy shrunk for the second consecutive month with a 0.1 per cent contraction in May. Deutsche Bank’s chief economist [...]
Bank of England policymaker urges faster interest rate cuts July 2, 2025 Bank of England dove Alan Taylor has urged his colleagues on the Monetary Policy Committee to vote for faster interest rate cuts to allow a “soft landing” on the inflation path. Bank officials voted to hold interest rates at 4.25 per cent in June, with inflation bouncing back up to 3.4 per cent in April [...]
Falling wage growth could usher interest rate cuts, Andrew Bailey suggests June 24, 2025 Bank of England Governor Andrew Bailey suggested interest rate cuts would be warranted as pay growth was set to decline in the coming months.