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Bank of England interest rate cut a 'sure bet'
Bank of England poised to cut rates but inflation worries linger
The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it juggles the need to help the sluggish economy with still-strong inflation pressures.
Live: Bank of England expected to cut interest rates by 25 basis points
Markets are betting on an interest rate cut at the first MPC meeting of the year, bringing the base rate to 4.5%
Bank of England expected to cut interest rates
Interest rates are expected to be cut by the Bank of England later, in a move closely watched by households and economists. Analysts predict the benchmark rate will be cut from 4.75% to 4.5%, as the Bank comes under pressures to boost the UK economy which has been showing slow growth.
Bank of England set to cut interest rate
The Bank of England was widely expected to cut its key interest rate on Thursday to help support weak British growth even if UK inflation stays elevated.
Bank of England to cut interest rates to 4.5% as economic growth stagnates
A CNBC report revealed that economists are betting on the Bank of England cutting rates by 25 basis points from 4.75% to 4.5% in the Thursday Monetary Policy Committee meeting. The expected rate cuts come as the UK economy continues to stagnate,
UK interest rates expected to fall at Bank of England meeting on Thursday
The cost of borrowing is expected to fall to its lowest point in more than 18 months on Thursday. Senior economists at the Bank of England will announce whether they are cutting the UK’s base interest rate,
5d
on MSN
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
But in some instances, traders must deliver physical gold to fulfill some of their futures contracts. Fears around Trump’s ...
Politico Europe
3d
London snubs Brussels by putting Trump first on banking
Britain blindsided the European Union just before Trump took office by parking a host of banking reforms — and directly ...
7d
London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
5d
UK gold shortage as £66bn moved out of London
A surge in gold shipments to the US has led to a shortage in London, according to reports. Traders have amassed an almost ...
23h
US gold rush drives up borrowing costs for precious metal in London
A gold rush into the US — where inventories on the New York Comex have risen 88 per cent since November’s election — has drained the market in London, as traders try to get ahead of potential tariffs ...
6d
Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
7d
Heathrow's third runway and London 'gold shortage'
The report quotes a source close to the MP behind the bill, Kim Leadbeater, who says MPs were "looking carefully" at possible ...
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