Bank of England cuts interest rates, predicts gradual reductions, higher inflation, and growth post-government budget, cautious on future cuts.

The Bank of England lowered interest rates by a quarter point on Thursday, hours before the Federal Reserve is expected to deliver an identical decision.The BOE reduced its key rate to 4.75% from 5%.

Rolling coverage of the latest economic and financial news, as BoE says the higher bus fare cap and adding VAT to private school fees will push up CPI inflation.   12:39 On the budget, ...

With inflation now just 1.7 per cent ... and is expected to move again on Thursday (Friday AEDT). The European Central Bank has made two quarter-point cuts at its past two meetings. And on Thursday, ...

Interest rates have been cut by 0.25 percentage points but economists think it could be the last reduction for a while ...

The central bank lowered interest rates by a quarter point, to 4.75 percent, but emphasized that future rate cuts were likely ...

Meanwhile, UK gilts have continued to sell off, with the spread of 10-year gilt yields over bunds widening by +5.4bps ...

Each month in PWM, nine top European asset allocators reveal how they would spend €100,000 in a fund supermarket for a fairly conservative client with a balanced strategy ...

The Bank of England cut interest rates for only the second time since 2020 and said future reductions were likely to be ...

Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stocks, as a second Donald Trump presidency raises the prospects of hefty tariffs.

Euro zone firms expect their turnover to keep rising this quarter but their margins remain under pressure with wage growth outpacing selling price increases, the European Central Bank said in a ...

Central bankers the world over are gauging whether their ... effects and the indirect effects and the deviations of commerce ...