Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in interest rates last week did not mean she wanted a series of rate cuts or that she would vote the same way again in March.
Bank of England Chief Economist Says Some Colleagues ‘Rushing’ to Cut Rates
Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that they are “rushing” to change policy too quickly.
Bank of England expected to cut key UK 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's Mann: Bigger rate cut was needed to 'cut through the noise'
Bank of England policymaker Catherine Mann said on Tuesday she voted for a half-point interest rate cut last week to "cut through the noise" about the right stance for policy, but said rates needed to remain restrictive.
Interest rates cut by Bank of England - first meeting of monetary policy committee in 2025
The Bank of England has taken the decision to reduce interest rates. At its meeting ending on 6 February 2025, the monetary policy committee (MPC) voted by a majority of seven to two to reduce the bank rate by 0.25 percentage points, to 4.5 per cent.
Bank of England cuts interest rates
The Bank of England's monetary policy committee's decision to cut interest rates is the third cut to the cost of borrowing in just over half a year.
Bank of England to cut interest rates to 4.5% as economic growth stagnates
A CNBC report revealed that economists are betting on the Bank of England cutting rates by 25 basis points from 4.75% to 4.5% in the Thursday Monetary Policy Committee meeting. The expected rate cuts come as the UK economy continues to stagnate,
Bank of England slashes base rate – and signals further cuts
The Bank of England has cut its base rate to 4.5%, down from 4.75%. Seven members of the Bank’s Monetary Policy Committee opted for a 0.25% cut, with two preferring 0.50% reduction - suggesting further reductions could be on the horizon.
Bank of England chief fuels hopes of faster interest rate cuts
Catherine Mann, a member of the rate-setting Monetary Policy Committee, insisted a predicted rise in prices would likely just be a 'hump'.
Bank of England's Mann clarifies stance on interest rate cuts
Catherine Mann, a policymaker at the Bank of England (BoE), clarified her stance on interest rate cuts during a speech on Tuesday. Her recent vote for a half percentage-point cut in interest rates, which came as a surprise to investors,
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Bank of England confirms restrictive monetary policy: keeps rates unchanged
As decided by the US Federal Reserve, the Bank of England Monetary Policy Committee, (MPC) at its meeting ending on 20 March 2024, voted by a majority of 8–1 to maintain Bank Rate at 5.25%.
Bank of England to resume rate cuts with outlook complicated by tax hikes and Trump tariffs
Traders have ramped up their bets on the total number of BOE rate cuts in 2025 since January, as Europe diverges from the U.S ...
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Bank of England restarts monetary easing, cutting key rate to 4.5%
The Bank of England made its first interest rate ... with a majority of seven members out of the nine-strong monetary policy committee voting in favor. Two of the MPC's members had voted for ...
Five vital Bank of England charts as UK growth is downgraded and inflation is forecast to rise
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...