The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. fell...
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Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.
The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. fell...
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in...
By Anna Wise, PA Business Reporter UK interest rates have been cut for the second time this year, as the Bank of England forecast a “gradual”...
Inflation figures have fallen to a three-year low, but the chances of the Reserve Bank cutting rates before Christmas have been revised.
UK inflation falling below its 2% target has meant that policymakers have been able to cut rates to the lowest level since June last year.
Borrowing costs reduced for second time this year with Fed expected to cut US rates later on Thursday
The official measure of inflation, at 2.8 per cent, should force a cut in interest rates. But the Reserve Bank is tracking its own inflation measure.
Inflation has fallen to its lowest level since early 2021. But that’s still unlikely to translate into a rate cut when the RBA meets next week.
Jim Chalmers says Australia is on track for a soft landing after inflation dropped to its lowest level since 2021 — but the numbers are unlikely to...
The Federal Reserve has cut its key interest rate by a quarter-point in response to the steady decline in inflation.