Bank of England Urges Caution on Interest Rate Cuts

What the Bank of England interest rate cut means for your money
Consumers need “careful financial planning in the months ahead” after the Bank of England cut interest rates on Thursday, wealth manager Quilter has warned. Financial planner at Quilter Holly Tomlinson said the 25 basis point cut will be “good news” for borrowers,
Bank of England to cut interest rates only twice more, NIESR predicts
Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively upbeat set of forecasts.
Bank of England cuts interest rates amid continued near-stagnant growth
The Bank of England cut interest rates from 4.75% to 4.5% following an unexpected fall in inflation in December, but while this should bring immediate relief to homeowners, the Bank also downgraded its growth forecasts for the first quarter of 2025, now predicting a 0.1% rise in GDP.
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target.
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking news and live events
Bank of England poised to cut rates but inflation worries linger
The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it juggles the need to help the sluggish economy with still-strong inflation pressures.
Bank of England Urges Caution on Interest Rate Cuts Amid Inflation Risks
The Bank of England has issued a warning about the potential risks of cutting interest rates too soon, following economic data that suggests inflation may persist longer than expected. Megan Greene, a member of the Monetary Policy Committee (MPC),
Bank of England policymaker issues interest rates warning after 'uncomfortable' news
ABank of England policymaker has called for a cautious approach to interest rate cuts following"uncomfortable" growth figures. Megan Greene, who is part of the central bank's Monetary Policy Committee (MPC),
Exclusive: Bank of England's Pill 'cautious' about further rate cuts
The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet complete, BoE Chief Economist Huw Pill told Reuters. A week after the central bank cut rates for only the third time since raising them to a 14-year high in 2023,
BBC9d
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank of England has cut interest rates from 4.75% to 4.5% - the lowest base rate since June 2023 The Bank's Monetary Policy Committee voted 7-2 in favour of the cut - those two members ...
Yahoo Finance12d
Will the Bank of England cut interest rates? Have your say
The Bank of England (BoE) is due to reveal its first interest rate decision of the year on Thursday, against a backdrop of stubborn inflation and sluggish economic growth. The BoE's latest ...
The New York Times9d
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected. By Eshe Nelson Reporting from London The Bank of England cut ...