Interest rates

A leading investment bank predicted that interest rates will fall to 2.75 percent by the autumn of next year after the Bank of England lowers the cost of borrowing in each of the nine meetings it holds. The economists at Goldman Sachs…

Goldman Sachs forecasts that the Bank of England will cut interest rates faster than investors expect over the next 12 months. Researchers from the Wall Street Investment Bank said that UK's real underlying interest rate has increased to…

The Bank of England has predicted that the base rate will be further reduced this year due to a larger-than expected fall in consumer price inflation. This is good news for homeowners. CPI dropped from 2.2% in the previous year up to…

The Bank of England chief economist stated that interest rates should fall slowly and remain higher in the long term to combat stubborn inflation. This suggests a growing disagreement among central bank rate-setters. Huw Pill predicted…

Andrew Bailey said the Bank of England may become "a bit more aggressive" with its interest rate reductions if inflation continues decreasing. Analysts suggest the Bank might embark on successive rate cuts continuing through next year. The…

Goldman Sachs predicted that the pound will reach its highest level against the US Dollar since 2021, thanks to the UK's growing economy and the Bank of England lowering interest rate gradually. The US investment bank predicted that the…

The Bank of England governor has stated that interest rates will continue to fall slowly, even as inflation is brought under control. They are unlikely to return near zero rates of previous decades. Andrew Bailey was "very encouraged by…

The US Federal Reserve is expected to cut interest rates again in November. This has led traders to increase their bets, boosting hopes that the US economy will avoid a recession. Investors think there is a 53 per cent chance that the Fed…

After voting 8-1 to not change monetary policy, the Bank of England held interest rates at 5%. The nine-strong monetary committee announced that it would adopt a "gradual" approach to lowering the interest rates, as the inflation rate is…

After the annual inflation rate in the UK remained at 2.2% in August, it is expected that Bank of England will keep interest rates unchanged on Thursday. Official figures reveal that consumer prices remained stable from July to August when…

The markets are preparing for aggressive US Federal Reserve moves to reduce borrowing costs. Traders have increased their bets on the Bank of England cutting interest rates this Thursday.According to LSEG, investors are pricing in a…

According to a new analysis, the Bank of England's decision of selling back bonds to investors to reduce its balance sheet quickly could cost the government as much as £96 billion over the next few years. The New Economics Foundation…

The pound is expected to become one of the top-performing major currencies in 2024, according to leading American investment banks. Analysts predict that sterling will reach a four-year high of $1.41 against the dollar by the end of next…

The UK housing market is gearing up for a bustling autumn season, fueled by the Bank of England's recent interest rate cut, the first since the onset of the Covid-19 pandemic. According to an analysis published by property website Zoopla on…

After the Bank of England lowered rates for the first in over four years, the pound and FTSE 100 both fell dramatically. According to central bank forecasts, the economy is expected to grow much faster than originally thought this year,…

The housing market is "relatively stable" despite the fact that many people still struggle to buy their first home. According to Nationwide, Britain’s third largest mortgage lender, the average house price has increased by 2.1% compared…

Bank of England cuts interest rates first in four years. This is a relief for millions of homeowners, and families who are still struggling with the rising cost of living. After holding borrowing costs at their highest level for more…

The UK's largest domestic lender posted a decline in profits for the first half of the year as the interest rate boom that benefited the banking sector faded. Lloyds Banking Group reported that its pre-tax profit for the six months…