The Bank of England is preparing the ground for lower interest rates

Thursday, 21 March 2024
For some reason which no-one can quite remember, when economists talk about interest rates they invariably find themselves referring to species of birds.

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Video Credit: ODN - Published on March 21, 2024

News video: Bank of England keeps interest rates on hold

Bank of England keeps interest rates on hold 00:56

The Bank of England has voted to keep interest rates unchanged, but showed what was perhaps the clearest sign in years that cuts could come in the months ahead. Bank governor Andrew Bailey said the economy is “not yet at the point” where rates can be lowered, but things are “moving in the right...

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Bank of England Central bank of the United Kingdom

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Bank of England cuts interest rates to 4.5% [Video]

Bank of England cuts interest rates to 4.5%

The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN Duration: 00:46Published on January 1, 1970

Interest rate cut - but economic growth forecast slashed in blow to chancellor

The Bank of England has cut interest rates by another quarter percentage point, bringing down the cost of borrowing to 4.5%.
Sky News 2 days ago

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