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Bank of England cuts rate

Reuters on MSN · 1h

Bank of England cuts rates to 4% after narrow 5-4 vote

The Bank of England cut interest rates on Thursday but four of its nine policymakers - worried about high inflation - sought to keep borrowing costs on hold, suggesting the BoE's run of rate cuts might be nearing an end.

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.

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.

19m

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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