Bank of England readies new rate cut

Money blog: Interest rate cut to 4.75% - but Bank of England thinks budget will be inflationary
The Bank of England has cut the base rate to 4.75% - and will give a news conference at 12.30pm to reveal more about the direction of travel. Read this and the rest of today's personal finance and consumer news below.
Bank of England readies new rate cut as budget hangs over outlook
The Bank of England is likely to cut interest rates on Thursday for only the second time since 2020 but the big question for investors is whether the BoE sends a signal about its subsequent moves after the government's inflation-raising budget.
Bank of England Is Set to Cut Interest Rates Despite Potential New Inflation Worries
The Bank of England is set to cut interest rates for the second time in three months as inflation has fallen to its lowest level in more than three years
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecast
Bank of England cuts rates but sees higher inflation after Reeves' budget
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, as it saw higher inflation and economic growth after the new government's first budget.
Interest rates live updates: Bank of England overwhelmingly expected to slash rates
Most economists think policymakers at the Bank of England will opt to reduce interest rates to 4.75 per cent in an announcement at midday. Rates currently sit at 5 per cent after being cut by 0.25 percentage points in August,
Graham: Use budget reconciliation to bypass filibuster and pass border security legislation
Sen. Lindsey Graham (R-S.C.), one of President-elect Trump’s strongest allies in the Senate, is calling on Republicans to ...
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Interest rate cut - but budget means inflation will rise, Bank says
The Bank of England has forecast Rachel Reeves's first budget as chancellor will increase inflation by up to half a ...
Federal Government’s 2024 Budget: Where Did The Money Go?
What were the top five expenditures of the federal government during the most recent fiscal year? How is Congress doing with ...
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Nottinghamshire County Council's multi-million black hole 'worsened' since Budget issued
Labour have accused Nottinghamshire's Conservatives of not being "transparent" about their own role in the county council's ...
We usually spend $40 a week at Aldi. I took the same list to Piggly Wiggly and didn't come close to sticking to my budget.
My fiancée and I typically get our weekly groceries at Aldi, but I recently took the same list to Piggly Wiggly to compare ...
German Chancellor Scholz sacks finance minister over budget dispute, sources say
German Chancellor Olaf Scholz sacked his Finance Minister Christian Lindner on Wednesday after weeks of wrangling over the ...
Drakeford accused of Budget statement rule breach
Finance Secretary Mark Drakeford has been accused of breaking rules for ministers by making a political comment in a ...
How the U.K.’s Budget Makes a Big Bet on Spending for Growth
The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country ...
Travel + Leisure on MSN1h
How to Visit Bangkok on a Budget — Flights, Hotels, and Attractions Included
Here's how to visit Bangkok on a budget, according to someone who has been visiting Thailand's capital for years.
No increase to social housing maintenance budget
Guernsey's politicians have voted against plans to increase the budget for social housing maintenance. A total of 21 States ...