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The Bank of England could bring the base rate as low as 2.75 per cent within 12 months according to one prediction ...
The Bank of England is likely to cut interest rates by 25 basis points at its meeting on May 8, lowering the bank rate to 4.25%, Barclays economist Jack Meaning says in a note.
The Bank of England is poised to cut rates at its 8 May meeting, and markets are pricing a faster pace of easing thereafter.
However, inflation remains above the Bank of England's target of 2% and is set to rise to over 3% in April due to a confluence of factors, including higher domestic energy bills as well as the ...
The U.K. has been hopeful of a trade deal with the U.S., but had previously drawn up a list of items for potential ...
Read Less Expectations of a Bank of England interest rate cut in May blossomed on the news that inflation fell to 2.6% in the year to March, writes Kevin Pratt. The annual rate at which prices are ...
Inflation measured 2.6pc in March, down from 2.8pc in February. While the rate of price rises was cooler than many experts expected, it’s still significantly above the Bank of England’s 2pc ...
Food prices were up by an annual 2.6% in April, a stronger rise than March's 2.4% increase, and the biggest increase since ...
Annual services inflation, a key focus for policymakers at the Bank of England, meanwhile eased for the first time this year, reaching 4.7% from 5.0% in the first two months of 2025. Inflation is ...
Upcoming changes in the way Britain calculates the country's inflation rate would have produced slightly lower headline ...
Financial markets have priced in a 100% chance of a Bank of England interest rate cut next month, as the effects of Donald ...