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Monetary policy committee

  • Investors are not taking the Bank of England seriously

    February 11, 2025

    The Bank is clearly far more nervous about inflation than many in the City.

  • How fast will the Bank of England cut interest rates in 2025?

    December 31, 2024

    The pace at which the Bank of England cuts interest rates in 2025 will be a major focus for financial markets in 2025, just like it was in 2024.

  • Bank of England holds interest rates and downgrades growth forecasts

    December 19, 2024

    The Bank of England held interest rates at 4.75 per cent today, while downgrading economic forecasts for the UK towards stagnant growth. Only six members of the Bank’s Monetary Policy Committee voted to keep interest rates steady, less than had been expected, as three voted to cut rates by 0.25 per cent citing fears over [...]

  • Bank of England’s Huw Pill: ‘Ample reason for caution’ on interest rates

    October 4, 2024

    Huw Pill, chief economist at the Bank of England, called for a “gradual” approach to cutting interest rates, citing continued concerns about the potential upside risks to the inflationary outlook. In a speech this morning Pill said there was “ample reason for caution” when assessing the dissipation of inflationary persistence. “While further cuts in Bank [...]

  • ‘Sticky’ hurdle rates contributing to resilient UK business investment

    August 22, 2024

    Research from the Bank shows that firms' use of 'hurdle rates' might be slowing the impact of higher interest rates.

  • Bank of England: Government names economist Alan Taylor as new rate-setter

    August 16, 2024

    The government has appointed economist and Columbia University professor Alan Taylor to the Bank of England's Monetary Policy Committee (MPC).

  • Bank of England chief Andrew Bailey ‘looking forward’ to serving for another four years

    August 4, 2024

    Andrew Bailey has vowed to stay on for the duration of his eight-year term despite several calls for his resignation.

  • Why the Bank of England won’t cut rates – even if it wants to

    May 8, 2024

    The Bank of England desperately wants to cut interest rates, but the caution of the Federal Reserve might mean they aren't able to.

  • Top forecaster says UK economy has reasons to be cheerful with stagnation to fall away

    April 28, 2024

    The UK economy could be on the mend after it fell into a shallow recession last year as it battled high inflation and interest rates.

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