Bank of England set to offer clues on rate cut timing, though City expects rates to stay on hold this week
Bank of England set to offer clues on rate cut timing, though City expects rates to stay on hold this week - Mortgage holders, house hunters and City traders on watch for pointer to a June rate cut
Bank of England interest rate cut won't come this week, economists say
The Bank of England is expected to keep interest rates on hold this week, but borrowers hoping for a cut may have to wait a little longer, according to economists.
Bank of England not yet ready to cut UK interest rates, experts say
UK borrowers eager for costs to come down may have to wait a little longer before interest rates take a dip. The Bank of England’s Monetary Policy Committee (MPC), which sets the level of UK interest rates,
Bank of England To Stay Optimistic But Avoid Endorsing June Rate Cut
The Bank of England is inching towards the first rate cut, which we expect in August. Expect an optimistic air to Thursday’s meeting but we think the Bank will stop short of rewriting its forward guidance, which would be tantamount to endorsing a June rate cut at a time when the near-term direction of UK inflation is still uncertain.
Barclays slashes mortgage rates on fixed deals ahead of Bank of England decision
Amongst the reductions is Barclays’ Two Year Fixed Rate at 85 percent Loan to Value (LTV) mortgage with an £899 product fee, which will drop from 5.23 percent to 4.99 percent. Meanwhile, its Five Year Fixed Rate mortgage with the same terms will be reduced from 4.92 percent to 4.78 percent.
Bank of England policymakers split on when to cut rates
Bank of England Governor Andrew Bailey has said inflation is moving in the right direction but some of his fellow interest rate-setters have sent different messages on how quickly the BoE should move towards a first cut in borrowing costs since 2020.
Bank of England set to keep rates on hold for ninth month running
Financial markets and economists expect most of the monetary policy committee to vote to keep the base rate unchanged at 5.25%
The blinkered Bank of England has missed the economic warning signs. It needs to cut interest rates now
The blinkered Bank of England has missed the economic warning signs. It needs to cut interest rates now - City Voices: The Bank has kept interest rates too high for too long and we are all suffering a
The markets are wrong. Bank of England interest rate cuts are on the way
In a huge swing, markets are now only fully pricing in one rate cut by the Bank of England for 2024. But Chris Dorrell argues that, as things stand, more cuts are likely
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Bank of England set to offer clues on interest rate cut timing, but City expects another hold
Pressure is mounting on the Bank of England for the first interest rate cut of the post-pandemic era. But City experts are ...
Bank of England policymaker sees risk AI traders may stoke shocks
Financial firms must avoid using trading strategies developed by artificial intelligence that seek to profit from stoking market instability, a member of the Bank of England's Financial Policy ...
Opinion
Bank of England Should Tailgate the ECB, Not the Fed
UK policymakers should use this week’s monetary policy meeting to flag that a rate cut is likely next month.
The Bank of England should diversify its team before going out to bat
Lord King of Lothbury is to be the next president of the Marylebone Cricket Club. The former Governor of the Bank of England ...
Local Chase bank execs are 'bullish' on the middle market
JPMorgan Chase commercial banking executives Rick MacDonald and Mike Houllahan sat down with the Business Journal to discuss ...
Bank of England not yet ready to cut interest rates, say economists
Investec's chief economist Philip Shaw said, "This broad direction illustrates that collectively the committee is moving gradually towards a rate cut." However, he believes it's unlikely they'll take ...
How divided is the Bank of England’s policy committee?
Judo Bank’s Warren Hogan, who called the RBA’s moves in 2023 better than his peers, now expects that there will be three ...