The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines. Economists polled by Reuters unanimously expect the BoE to cut its benchmark rate to 4.

The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the pound threatening to add to resurgent price pressures.

The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.

The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.

Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfort

While this is better than expected it means inflation is still increasing above the Bank of England target of 2 per cent. At the start of November, base rate was cut to 4.75 per cent from 5 per ...

Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last half mile on inflation' and called for a pre-emptive cut

Growth in private sector earnings was stronger than for public sector jobs. Despite a risk of higher wages pushing up inflation, the Bank of England is still expected to cut interest rates next month. Rates are currently at 4.75%, but traders have bet on a ...

Tumbling retail sales are set to pile more pressure on Andrew Bailey and his colleagues at the Bank of England to cut interest rates further and faster...

Inflation is stuck above the BoE's 2% target and looks set to rise further while the economy has stagnated since the middle of 2024, offering conflicting signals for the central bank's rate-setters.

The Federal Reserve left its key interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.

GBP/USD continues to grind through chart paper in the most frustrating position possible, drifting just south of the 50-day Exponential Moving Average (EMA) near 1.2500 but unable to sink decisively below 1.2400. A bullish technical correction appears to have run out of gas, but a meaningful downturn remains off of the cards for now.