Bank of England News

Survey Predicts Bank of England's Rate to Drop to 3.25% by April 2026 Amid Inflation Expectations

Market participants predict the Bank of England's interest rate will fall to 3.25% by April 2026, with inflation expected to decrease to 2.9% in early 2026. Quantitative tightening...

BoE Takes Bold Step: Cuts Key Interest Rate to 4% Amid Inflation Battle

The Bank of England has cut its key interest rate to 4%, a move aimed at addressing inflation with a cautious outlook for future adjustments based on economic indicators.

BoE Governor Urges Caution: Why Cutting Rates Too Fast Could Harm the UK Economy

Bank of England Governor Andrew Bailey warns against rapid rate cuts despite easing inflation, as the MPC narrowly votes to reduce interest rates by 25 basis points to 4%.

Uncertainty Looms Over Bank of England's Interest Rate Policy Path, Says Governor Bailey

Bank of England Governor Andrew Bailey discusses the uncertain path of monetary policy, emphasizing a downward trend in interest rates despite unclear neutral rates and timelines. ...

BoE Governor Bailey Raises Concerns Over Unexpectedly Weak Consumption and High Savings Rate

Bank of England Governor Andrew Bailey warns of higher-than-expected savings rates and weaker consumption, with inflation more influenced by UK domestic factors than global trends,...

Tension Between Bank of England and Treasury Over Revolut's Banking License Approval

Bank of England Governor Andrew Bailey stops a meeting between Chancellor Rachel Reeves and the PRA over Revolut's banking license, highlighting tensions between political desires ...

Bank of England Alerts Major Banks to Brace for Potential Dollar Liquidity Crisis Amid Global Tensions

The Bank of England has warned major commercial banks to prepare for potential dollar liquidity shocks, reflecting growing unease in the global financial system due to political pr...

BoE Governor Bailey Highlights Financial Market Pressures on Deficit Nations Amid Global Uncertainties

Bank of England Governor Andrew Bailey discusses the increasing financial market pressures on deficit countries and calls for innovation in the UK's payments sector to ensure stabi...

BoE Report: UK Firms Show Resilience Against Potential Higher Tariffs and Global Shocks

The Bank of England's latest report underscores the resilience of UK firms against higher tariffs and global economic shocks, with the banking sector also showing flexibility in mo...

BoE's Alan Taylor Warns: A Long Journey Ahead to Neutral Rates Amid Economic Risks

Bank of England's Alan Taylor discusses the challenges of reaching neutral interest rates, the risks of restrictive monetary policy, and the uncertain outlook for the UK economy's ...

BoE's Chief Economist Warns of Persistent Inflation Risks and Structural Economic Shifts

Bank of England Chief Economist Huw Pill warns of second-round inflation effects and structural changes in price and wage setting, indicating a need for persistent monetary policy ...

BoE's Alan Taylor Warns: UK Far from Neutral Interest Rate Amid Economic Uncertainties

Bank of England's Alan Taylor discusses the UK's distance from a neutral interest rate and expresses concerns over weak business confidence and the unpredictable nature of global t...

BoE's Lombardelli Highlights Restrictive Monetary Policy Amid Inflation Concerns

BoE's Clare Lombardelli discusses the restrictive nature of current monetary policy at 4.25% interest rate, emphasizing caution and the need for sustained economic data improvement...

BoE's Ramsden Voices Concerns Over UK Productivity and Supply Amid Trump's Tariff Uncertainty

Bank of England Deputy Governor Dave Ramsden expresses concerns over the UK's productivity and supply recovery amidst Trump's tariff policy uncertainties, highlighting potential im...

BoE's Bailey Stresses: Interest Rates Demand Vigilance Amid Global Uncertainties

Bank of England Governor Andrew Bailey warns against fixed interest rate policies, citing global uncertainties. Despite recent rate cuts to 4.25%, Bailey remains committed to a 2% ...

BoE Cuts Interest Rates to 4.25% Amid Global Trade Uncertainties and Inflation Progress

The Bank of England has cut interest rates to 4.25% following a tight 5-4 vote, citing progress on disinflation but expressing caution over global trade uncertainties. The move ref...

BoE Set to Slash Interest Rates to 4.25% as Trade War Fears Loom Over UK Economy

The Bank of England is expected to cut interest rates to 4.25% due to concerns over US tariffs impacting the UK economy. Despite positive GDP and inflation data, global trade tensi...

BoE's Greene Expresses Uncertainty Over Future US Tariffs and UK Economic Challenges

Bank of England's Megan Greene discusses the uncertainty of future US tariffs and the challenges facing the UK economy, including supply issues and weak productivity growth. She al...

BoE's Andrew Bailey Addresses Growth Shock Concerns Amid US Tariffs, Rules Out UK Recession Fears

Bank of England Governor Andrew Bailey discusses the impact of US tariffs on UK growth, emphasizing no immediate recession risk. The BoE weighs growth shocks against inflationary p...

BoE's Bailey Warns of Growth Shock from US Tariffs, Says UK Far from Recession

Bank of England Governor Andrew Bailey discusses the potential growth shock from US tariffs but reassures that the UK is not close to a recession, highlighting the need to balance ...

BoE's Andrew Bailey Addresses Growth Shock Concerns Amid US Tariffs, UK Recession Fears

Bank of England Governor Andrew Bailey discusses the potential impact of US tariffs on UK growth, reassuring that the UK is not near a recession. The central bank is carefully cons...

BoE's Governor Bailey Assures UK Economy's Stability Amid US Tariff Concerns

Bank of England Governor Andrew Bailey discusses the potential impact of US tariffs on UK growth, reassuring that the UK is not close to a recession, and outlines the consideration...

BoE's Breeden Warns: US Tariffs' Inflation Impact on UK Remains Uncertain

Bank of England's Sarah Breeden discusses the uncertain impact of US tariffs on UK inflation, highlighting potential economic risks and the resilience of the UK banking system.

BoE's Sarah Breeden on US Tariffs: Early Days for UK Inflation Impact, Sterling Stability in Question

Sarah Breeden, Deputy Governor of the Bank of England, discusses the uncertain impact of US tariffs on UK inflation and sterling stability, while affirming the resilience of the UK...

BoE's Sarah Breeden: Assessing US Tariffs' Impact on UK Inflation Remains Premature

Bank of England's Sarah Breeden discusses the uncertain impact of US tariffs on UK inflation, noting it's too early for a full assessment. She highlights the significant effect on ...

Bank of England Adjusts Bond Auction Strategy Amid Market Volatility, Focuses on Short Maturity Bonds

The Bank of England has decided to auction short maturity bonds instead of long ones on April 14, 2025, due to recent market volatility. This adjustment is part of a broader strate...

Bank of England Adjusts Bond Auction Strategy Amid Market Volatility, Focuses on Short Maturity Bonds

The Bank of England adjusts its bond auction strategy due to market volatility, opting for short maturity bonds on April 14 and rescheduling long maturity auctions to ensure a bala...

Bank of England Adjusts Strategy: Short Maturity Bonds Auction Announced for April 14 Amid Market Volatility

The Bank of England shifts its auction strategy to short maturity bonds on April 14 due to market volatility, rescheduling long maturity auctions to ensure even APF reduction. The ...

BoE Warns of Intensifying Global Economic Uncertainty Amid Trump Tariffs and Inflation Risks

The Bank of England reports heightened global economic uncertainty due to Trump's tariffs, warns of increased inflation risks, and projects a 3.75% inflation rate for the UK by Q3 ...

BoE Warns of Heightened Global Economic Uncertainty Amid Rising Inflation Risks

The Bank of England reports increased global economic uncertainty due to US tariffs, raising inflation risks and projecting a 3.75% inflation rate for the UK by Q3 2025, with poten...

BoE Warns of Escalating Global Economic Uncertainty Amid Trump's Tariffs Impact

The Bank of England reports increased global economic uncertainty due to Trump's tariffs, warning of higher inflation risks and projecting a 3.75% inflation rate by Q3 2025. The UK...

BoE Warns of Intensified Global Economic Uncertainty Amid US Tariffs and Inflation Risks

The Bank of England reports increased global economic uncertainty due to US tariffs, predicting higher inflation and interest rate cuts, while affirming the UK banking system's res...