A fall in base rate is usually mirrored in mortgage rates, as base rate is the rate charged by the Bank of England (BoE) to ...

While five members voted for continuing the neutral stance to enable the central bank to take data-driven policy action, one member, however, advocated for changing it to 'accommodative', ...

Rate-setters back quarter-point cut after steep fall in inflation and weak economic data but vote remained close ...

Economists think the pace of interest rate cuts will slow next year as the Bank gets closer to what it deems a ‘neutral’ rate.

Rolling coverage of the latest economic and financial news, as Bank of England governor Andrew Bailey switches vote – allowing rate cut today ...

After the RBI cut the repo rate to 5.25% earlier in December, some economists have discounted the possibility of further rate ...

The Bank of England has cut interest rates to the lowest level in nearly three years, as it said measures in the Budget will help bring down inflation quicker than previously thought. The Bank’s ...

The Bank's governor says interest rates are on a "gradual" downward path, and decisions around future cuts will be "a closer ...

The Bank of England has cut interest rates to the lowest level in nearly three years, as inflation is expected to fall faster than previously thought. The Bank's Monetary Policy Committee (MPC) voted ...

The minutes of the December 3-5 meeting of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), which were made public on December 19, revealed one key aspect—that there was a general ...

Money market experts said that the investors have started demanding higher rates in the last few weeks, firstly in anticipation of rate cut before the monetary policy, and later due to uptick in ...

Reeves says cut could knock £100 off monthly mortgage payments for first-time buyers - Today’s interest rate announcement ...