Goldman Sachs expects the Bank of England to cut interest rates next week, forecasting a 6–3 vote in favour of easing policy.
Bank of England Holds Rates at 4% as Inflation Pressures Persist
The Bank of England has voted to leave interest rates unchanged at 4%, as policymakers balance persistent inflation risks against signs of slowing growth.
Markets Expect Bank of England to Hold Rates at 4%
The Bank of England is widely expected to leave interest rates unchanged at 4% when its decision is announced at midday. A surprise move would deliver a major shock to
Inflation Dashes Hopes of BoE Rate Cut as Traders Push Forecasts Into 2026
Hopes of an immediate interest rate cut by the Bank of England have all but evaporated after UK inflation held stubbornly above target in August.
Borrowers Face Extended Pain as Inflation Dashes Hopes of Rate Cut
Mortgage brokers have warned that borrowers will have to “slog it out” for longer, as stubborn inflation looks set to keep interest rates on hold.
Inflation Not a Threat, Says Bank of England Official
The Bank of England rate-setter is urging calm over inflation concerns while pushing again for lower interest rates.
The Bank of England is expected to deliver only one more interest rate cut this year.
Traders Scale Back Rate Cut Expectations as UK Inflation Surges
Bank of England Conducting Simulations on Potential Loss of Confidence in U.S. Dollar
A senior policymaker has disclosed that the Bank of England is closely monitoring for warning signs that the U.S. dollar could lose its status as the global reserve currency.
The Bank of England is expected to lower interest rates following a 0.2% growth in the UK
Traders are holding firm on their expectations that the Bank of England will cut interest rates next month.
MPs Warn of Increased Risk of Bank Runs Due to Bank of England’s Digital Currency
MPs have expressed concerns that the Bank of England’s proposal to launch a digital pound might heighten the likelihood of bank runs.
GMB Union Attributes Wilko’s Collapse to ‘Ineffective Leadership’
The Business Select Committee has initiated its inquiry into the downfall of Wilko, which resulted in the termination of 12,500 jobs in early September.