RBI MPC meeting: Will Governor Sanjay Malhotra announce rate cuts in his first policy review?
Governor Sanjay Malhotra, who succeeded former RBI Governor Shaktikanta Das, will announce the decision in his first policy ...
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What the papers say – February 7
Meanwhile, The Guardian and the Daily Express say the grim news is a fresh blow to Chancellor of the Exchequer Rachel Reeves, who is already under pressure to revive public confidence in her ability ...
Britain faces a new era of rising inflation and flatlining growth
A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
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Bank of England: zero growth, rising prices, is this stagflation?
We spoke to Bank of England governor Andrew Bailey and started by asking whether close to zero growth and rising prices are the very definition of stagflation.
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Interest rates: Why have they been cut and what does it mean?
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...
World inflation at risk of rekindling with Trump’s trade war
Trump’s arrival has added to pre-existing worries. Despite an International Monetary Fund official declaring in October that ...
Why the Bank of England slashed its growth forecasts
Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.