Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
![Bank of England Cuts Rates While Warning of Inflation and Trade War Risks](https://static01.nyt.com/images/2025/02/06/multimedia/06boe1-bwpz/06boe1-bwpz-mediumSquareAt3X.jpg)
Read more at The New York Times
Topics
-
Bank of England cuts interest rates to 4.5%
The Bank of England has announced an interest rate cut to 4.5%. CBS News foreign correspondent Ramy Inocencio has more on what that means.CBS News - 5h -
Bank of England expects to cut borrowing costs further after rate cut today – business live
UK central bank cuts interest rates, and warns growth will be half as fast as expected this year, sending pound sliding. Bank of England cuts interest rates to 4.5% but halves UK growth ...The Guardian - 6h -
Bank of England to resume rate cuts with outlook complicated by tax hikes and Trump tariffs
Traders have ramped up their bets on the total number of BOE rate cuts in 2025 since January, as Europe diverges from the U.S.CNBC - 1d -
Bank of England expected to cut rates again as UK economy stagnates
Quarter-point reduction forecast even as short-term inflation pressures are set to increaseFinancial Times - 3d -
Bank of England warns of risks in relaxing mortgage limits
Andrew Bailey welcomes ‘open public debate’, but cautions that easing rules could lead to more repossessionsFinancial Times - Jan. 29 -
Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns
Taking drive for deregulation too far could push the US on to a ‘dangerous boom-bust path’, fund cautionsFinancial Times - Jan. 17 -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - Jan. 16 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
Small-cap stocks face heightened risk with rate cuts in question, warns BofA
The recent selloff in small-cap stocks left the Russell 2000 index in correction territory.MarketWatch - Jan. 13 -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - Jan. 9
More from The New York Times
-
Trump, the Panama Canal and China’s Role: What We Know
The canal’s two biggest ports are operated by a Hong Kong company with global reach. The Trump administration sees a Chinese threat to U.S. security.The New York Times - 3h -
Hosting Its Next Super Bowl, New Orleans’s Superdome Is Turning 50
The distinctive domed building, turning 50 this year, is known for hosting the Super Bowl, but to locals, it’s also “the city’s living room.”The New York Times - 5h -
Friday’s Jobs Report Will Be Confusing. Here’s How to Make Sense of It.
The Labor Department’s January survey will include revisions making data for previous months look stronger in some cases and weaker in others.The New York Times - 9h -
Trump’s Attacks on DEI Get Approval From Some in the Left Wing
Many Democrats and activists are rallying to defend diversity programs, but others say they distract from deeper efforts to address inequality.The New York Times - 4h -
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.The New York Times - 1d
More in Business
-
Judge pauses Trump federal employee buyout offer pending court hearing
A lawsuit says the Trump administration's offer of a buyout to federal employees is unlawful, noting that Congress has not appropriated money for it.CNBC - 3m -
How Calvin Klein and Tommy Hilfiger got caught in Trump's trade war with China
The owner of Calvin Klein and Tommy Hilfger has been placed on China's unreliable entities list, which could force it to cease operations in the region.CNBC - 10m -
Inside the fight to stop Elon Musk and DOGE from accessing your personal financial information
Elon Musk’s so-called Department of Government Efficiency has moved quickly to set up shop in a critical Treasury Department office that handles the vast majority of payments made by the federal ...MarketWatch - 12m -
Adobe’s New AI Promises to Help Your Company Tackle Tricky Contract Language. Should You Let It?
AI’s inexorable march has seen taken big steps into the realm of legalese. Adobe’s new tool is meant to strip the mystery from complex contractual language, which change your company.Inc. - 13m -
Musk barred from accessing US Treasury payments data
Temporary order restricts efforts of billionaire’s Department of Government Efficiency to infiltrate multitrillion dollar systemFinancial Times - 18m