Pound slides as Bank of England chief says it could be ‘more aggressive’ in cutting rates
The pound fell sharply Thursday after Bank of England Governor Andrew Bailey said the central bank could be more aggressive in cutting borrowing costs if inflation remained benign.
Bank of England could become 'more aggressive' on rate cuts, Bailey says
The Bank of England could move more aggressively to cut interest rates if inflation pressures continue to weaken but conflict in the Middle East could push up oil prices, Governor Andrew Bailey said.
Bank of England to cut rates at every meeting until May, economists predict
The value of the pound dropped sharply after the Governor of the Bank of England said interest rate cuts could become a “bit more aggressive”. Sterling sank as much as 0.8pc to fall below $1.32 for the first time in a fortnight after Andrew Bailey said policymakers could become “a bit more activist” about lowering borrowing costs.
Bank of England should not cut interest rates ‘too far or too fast’, chief economist warns
The comments follow Bank governor Andrew Bailey hinting interest rate cuts could soon become "more aggressive".
Bank of England's Pill urges rate cut caution after Bailey suggested faster pace
The Bank of England should move only gradually with cutting interest rates, Chief Economist Huw Pill said on Friday, a day after Governor Andrew Bailey was quoted as saying the BoE might move more aggressively to lower borrowing costs.
Bank of England warned don't cut interest rates 'too far or too fast' by own economist
Huw Pill has signalled that rates should be cut in a 'gradual' manner, amid caution over the long-term path of inflation
Sub 3% mortgages ‘possible’ as Bank of England hints at more ‘aggressive’ interest rate cuts and lenders make reductions
SUB 3% mortgages could be on the cards as the Bank of England hints at more “aggressive” rate cuts. It comes after a host of major lenders have made reductions to rates. The news
Pound rallies as Bank of England’s chief economist urges caution over interest rate cuts – business live
September’s NFP – due at 8.30am East Coast time or 1.30pm in the UK – will give an insight into the health of the US jobs market – crucial both for the upcoming presidential election, and the path of US interest rates.
Sterling plunges more than 1% against the dollar, euro after Bank of England governor's comments on rates
The British pound fell more than 1% against the U.S. dollar Thursday, after Bank of England Governor Andrew Bailey told the ...
Irish Examiner6hOpinion
David McNamara: Bank of England’s muddled messaging continues
BoE governor Andrew Bailey has pivoted from cautioning against cutting interest rates too fast or by too much to saying only ...
Interest rates could be cut ‘more aggressively’ by Bank of England, says Andrew Bailey
THE Bank of England could be “more aggressive” in cutting interest rates, Governor Andrew Bailey has said. He claimed that if ...
Bank of England taps TikTok influencers in quest to reach Gen Z
The bank launched its Instagram profile in March, and also has its own TikTok profile. Read more at straitstimes.com.
Major mortgage rates update as Bank of England decision due within weeks
The number of sales agreed in the four weeks to September 21 rose by an annual rate of 25 percent. That is the sharpest ...
Bank of England says global asset prices remain 'stretched'
LONDON, Oct 2 (Reuters) - Global asset prices remain stretched and are vulnerable to a big fall as investors grow more ...
Crude Oil Prices4d
Bank of England Warns Middle East Conflict Could Lead to a Major Oil Price Shock
The Bank of England Governor warns that a wider Middle East conflict could disrupt oil supply and destabilize global monetary ...
Bank of England and FCA launch Digital Securities Sandbox
The Bank of England (BoE) and the United Kingdom’s financial regulator have launched a sandbox to explore how digital ledger ...