Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...

Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...

Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be ...

Catherine Mann said more job cuts and a slowdown in hiring partly driven by higher company taxes will slow price rises across ...

Mann's first vote for a cut during this cycle marked a departure from her comments in August, when she warned Britain not to ...

The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate.

ABank of England policymaker has called for a cautious approach to interest rate cuts following"uncomfortable" growth figures.