Interest rates

The Bank of England has indicated it is unlikely to publish interest rate forecasts from its monetary policy committee as part of its comprehensive operational overhaul. Clare Lombardelli, deputy governor, expressed concerns that such…

The Bank of England's governor has cautioned that recently implemented business tax increases could potentially delay future interest rate reductions. Speaking to MPs on the Treasury select committee, Andrew Bailey expressed concerns about…

The Bank of England stands ready to implement its second interest rate reduction of the year, with economists widely expecting a cut to 4.75 per cent at Thursday's meeting. The nine-member Monetary Policy Committee (MPC) is predicted to…

The Federal Reserve appears ready to implement a quarter-point reduction in its benchmark policy rate next week, maintaining its strategic direction despite a skewed employment report and clouded economic policy outlook surrounding the…

The UK's largest mortgage lender, which is also the country's largest bank by assets, has raised its expectations for house prices to rise this year. It has also posted a better-than-expected quarterly profit as customers are more…

The International Monetary Fund has given the UK one of the largest growth upgrades of any advanced country this year. This is a great boost for chancellor Rachel Reeves as she prepares to present her first Budget. The Washington-based…

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…