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 ...

The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...

Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...

Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...

The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...

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%.

The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate.

Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...

The nine-member Monetary Policy Committee lowered the bank’s benchmark rate by a quarter point to 4.5 per cent. Read more at ...

The Bank of England announced today (February 6) that it was reducing its policy rate by 25 basis points to 4.5%. The monetary policy committee (MPC) reached the decision by seven votes to two at its ...