Interest rates are dropping – is it time to fix your savings?
Wednesday, 7 May 2025 () The Bank of England has begun cutting interest rates, and with concerns over a global trade war seeping into growth forecasts, it is likely that the rate cuts will continue. Bank of England Governor Andrew Bailey has confirmed that interest rates are on a declining path, despite inflation stubbornly remaining above the central bank’s target of [...]
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now in ten months. It's so important that this government has returned stability to the economy." Report...
The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by..
ECB cuts rates again as Trump tariffs weigh on economic outlook
The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh..
Credit: euronews (in English) Duration: 01:00Published
America is currently facing an interest rate standoff between the Federal Reserve and Donald Trump, a situation that could hurt both the economy and everyday Americans. With Trump pushing hard for..
Wednesday, 7 May 2025 ()
The Bank of England has begun cutting interest rates, and with concerns over a global trade war seeping into growth forecasts, it is likely that the rate cuts will continue. Bank of England Governor Andrew Bailey has confirmed that interest rates are on a declining path, despite inflation stubbornly remaining above the central bank’s target of [...]
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