Bank of England, interest rates

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 rate setter calls for caution amid rising inflation
Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be cautious with rate cuts.
Bank of England cuts interest rates despite looming inflation bump
The Bank of England cut interest rates by 25 basis points on Thursday, even though rate-setters expect to see a significant rise in inflation over the coming year. Seven members of the Bank’s Monetary Policy Committee (MPC) backed the decision,
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,
Banks slash savings rates after Bank of England rate cut
Dozens of high street banks and building societies have moved swiftly to cut rates on savings products following the Bank of England’s decision to lower the base rate. Nearly 40 providers have reduced their rates,
Bank of England to cut interest rates only twice more, NIESR predicts
Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively upbeat set of forecasts.
Bank of England needs to ‘cut through the noise’, rate-setter says
In a speech delivered in Leeds, Mann explained that the persistence of "embedded inflationary behaviours" had diminished due to growing weakness in the economy.
The Activist American Ruffling Feathers at the Bank of England
The best way to set monetary policy is “to be cautious,” according to a Bank of England working paper from 2002. It goes on ...
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 ...
Bank Of England: Easy Decision Made But Trickier Ones Ahead
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...