Bank of England, rate cut
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The Bank of England expected to cut rates to 3.75%, offering relief for borrowers and impacting the UK economy.
Bank of England Deputy Governor, Markets and Banking, Dave Ramsden gestures during the central bank's Monetary Policy Report press conference at the Bank of England, in London, on November 7, 2024. HENRY NICHOLLS/Pool via REUTERS
The 25 bp cut on Dec 18 will bring the BOE’s rate to 3.75%, and is suggested as Britain’s ‘neutral rate’ Read more at The Business Times.
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Coverage of the Treasury select committee session on the recent Bank of England monetary policy reports on interest rates and inflation, from Tuesday 9 December.
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