Central bank expected to cut rates twice more this year
Wednesday, 7 May 2025 () Low inflation provides ample room for the Bank of Thailand to slash interest rates at least two more times this year to deal with the impacts of the trade war, with the next rate cut expected in the third quarter, according to analysts.
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...
Andrew Bailey says he is "very pleased" that the UK and the US have reached a trade deal agreement. But the governor of the Bank of England adds the deal will become much more important "if it becomes..
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..
In a heartbreaking turn of events, Prime Minister Mark Carney has paused his election campaign to express condolences following a deadly vehicle attack at a Vancouver festival. The attack, which..
Wednesday, 7 May 2025 ()
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