Bigger rate cut was needed to 'cut through noise'

Sterling was up versus the dollar but could fall to $1.20 in 1Q from $1.2581 currently if the U.K.’s weaker growth outlook prompts traders to price in more BOE rate cuts.
Bank of England policymaker says job losses will ‘restrain’ inflation rise - Catherine Mann said more job cuts and a slowdown ...
By Eshe Nelson Reporting from London The Bank of England cut interest ... was also likely to rise through most of this year, policymakers still expected the inflation rate to return to the 2 ...
MILLIONS of mortgage bills are set to fall after the Bank of England confirmed a cut to interest rates. During today’s ...
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...
In cutting interest rates last week, the Bank of England seemed to ignore its own ... and in the meantime CPI inflation is expected to rise close to 4pc. What on earth is going on here?