Andrew Bailey might take the base rate to 2.75pc next year, economists predict
Andrew Bailey might take the base rate to 2.75pc next year, economists predict
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Mounting debts and trade war uncertainty risk triggering renewed financial turmoil
The Bank of England has kept borrowing costs unchanged but opened the door to cuts later this year.
Policymakers keep borrowing costs at 4% and warn of persistent weak growth before crucial budget
Bank of England holds rates steady amid economic concerns. Fed rate cut by September 2026 now at 5.6% YES.
Quarter-point reduction expected, with City investors predicting a three-way split among rate setters
The decision to lower borrowing costs was widely expected, after inflation slowed in the year to November.
Bank of England cuts interest rates by a quarter point to 4% as balancing act continues
