Bank of England halves growth forecast and cuts rates to 4.5%

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  Bank cuts interest rates and slashes growth forecast

  Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
  
  BBC News - 1h
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  Bank of England Cuts Rates While Warning of Inflation and Trade War Risks

  The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
  
  The New York Times - 3h

• Bank of England signals further easing after rate cut, slashes growth outlook

  The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.
  
  CNBC - 4h
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  Bank of England cuts interest rates to 4.5% and halves UK growth forecast

  Latest quarter-point reduction comes with warning households face inflation of 3.7% by autumn. Unambiguously bleak forecasts pave way for spending cuts What does the rate cut mean for ...
  
  The Guardian - 6h
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  Bank of England expected to cut key UK interest rate to 4.50%

  The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target
  
  ABC News - 11h

• 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 - 4h

• 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 increase
  
  Financial Times - 3d
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  European Central Bank Cuts Interest Rates as Economic Growth Stagnates

  The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
  
  The New York Times - 6d

• 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

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