Bank of England: Future of interest rate cuts now ‘more uncertain’
Thursday, 7 August 2025 () The future of interest rate cuts is now “more uncertain” as the Bank of England suggested it was more worried about inflation ticking up higher than expected. In its decision on Thursday, the Bank voted 5-4 for interest rates to be cut by 25 basis points to four per cent. But the Bank now believes [...]
Bank of England governor Andrew Bailey announces an interest rate cut from 4.25% to 4%, adding that inflation is expected to hit 4% in September. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England governor Andrew Bailey says cutting the interest rate from 4.25% to 4% was a "finely balanced decision". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow..
EU credibility at risk over Israel stance, warns ex-ambassador
The inconsistent application of international law on Israel’s actions in Gaza and the West Bank is damaging Europe’s credibility..
Credit: euronews (in English) Duration: 02:25Published
In a dramatic showdown, President Trump demands urgent interest rate cuts to stimulate the struggling economy — but the Federal Reserve stands firm, leaving rates unchanged. This escalating conflict..
Thursday, 7 August 2025 ()
The future of interest rate cuts is now “more uncertain” as the Bank of England suggested it was more worried about inflation ticking up higher than expected. In its decision on Thursday, the Bank voted 5-4 for interest rates to be cut by 25 basis points to four per cent. But the Bank now believes [...]
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