Bank of England Cuts Rates, Raises Inflation Forecast
The Bank of England (BOE) cut interest rates by 25 basis points on Thursday, bringing the central bank’s key rate down to 4.75%. This move, supported by an 8-1 vote from the
Bank of England Cuts Rates, Slashes Growth Forecast
The Bank of England has halved its UK growth forecast for 2025, expecting the economy to expand by just 0.75%, down from its previous estimate of 1.5%. The downgrade comes as the
BoE’s Bailey Urges U.S. to Resolve Trade Issues via Talks
Bank of England (BoE) Governor Andrew Bailey called on the United States to address global economic concerns through diplomatic dialogue rather than import tariffs. Speaking to British lawmakers on Wednesday, Bailey emphasized
