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Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...
The four-to-eight-week waiting time to get gold out means that a discount in gold held at the BoE — known in the market as ...
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
Bank of England policymaker Catherine Mann said on Tuesday she voted for a half-point interest rate cut last week to "cut ...
Sterling climbed to more than $1.25 versus the US dollar after latest ONS data and comments by the Bank of England's chief ...
Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be ...
Mann's first vote for a cut during this cycle marked a departure from her comments in August, when she warned Britain not to ...
Good news if you’ve got a mortgage. Not so good for true believers in the Bank of England’s inflation target. In cutting interest rates last week, the Bank of England seemed to ignore its own ...
The Bank of England's latest forecasts show that policymakers are far more nervous about inflation than many in the City.
It highlights that for the average savings of £17,365, somebody with their money in the top easy access account (4.70%) could earn £816 in interest each year, while this would be just £250 with the ...