Bank of England Cuts Rates While Warning of Inflation and Trade War Risks

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

  Revised economic estimates come as blow to Labour and stoke stagflation fears
  
  Financial Times - 1h
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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
• 

  Czech central bank cuts key interest rate to 3.75% as inflation stays higher than expected

  The Czech Republic’s central bank has cut its key interest rate again amid higher than expected inflation
  
  ABC News - 4h

• 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

• Trump’s trade war adds to ‘clear decoupling’ on central bank rate cuts

  Bank of England is expected to follow Eurozone and Canadian counterparts by cutting while Federal Reserve holds
  
  Financial Times - 6h
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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
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  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 - 5h

• India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases

  India is widely anticipated to cut its benchmark policy rate at the policy meeting concluding this Friday.
  
  CNBC - 17h

• What are the risks of a U.S.-China trade war, and can conflict be averted?

  The world's two biggest economies are on the brink of an economically destructive trade war. Here's what experts think could happen next.
  
  CBS News - 23h

• 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

• ‘How do I shield my retirement savings?’ I’m worried about Trump’s trade war and Fed’s willingness to cut interest rates

  “I’ve been in the nonprofit world my entire career, so my 403(b) is less than $500,000.”
  
  MarketWatch - 1d

• Trump’s cuts to renewables risk US energy crisis, warn executives

  Country will struggle to meet growing demand from power-hungry AI with fossil fuels alone
  
  Financial Times - 2d

• Inflation will slow this year, allowing Fed to cut rates further, says former St. Louis Fed chief

  Former St. Louis Federal President James Bullard said that inflation will slow markedly this year, allowing the central bank to continue to lower interest rates.
  
  MarketWatch - 3d

• 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

• Top Fed officials comments highlight split on central bank about next interest-rate cuts

  Bowman, Goolsbee differ on outlook for inflation
  
  MarketWatch - 5d

• Inflation finishes 2024 well above Fed’s 2% target, PCE shows. Rate cuts on hold.

  The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further from its inflation goal and reducing the chance of another reduction in ...
  
  MarketWatch - 6d
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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
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  ECB warns of ‘headwinds’ to Eurozone economy as it cuts rate to 2.75%

  Move comes after Fed keeps borrowing costs on hold
  
  Financial Times - Jan. 30
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  European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened

  Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies. It was a flash reading on the Eurozone ...
  
  The Guardian - Jan. 30
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  European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy

  The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a ...
  
  ABC News - Jan. 30
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  Trump bashes Fed after bank doesn't cut rates

  President Trump ripped the Federal Reserve and the man he appointed to lead it Wednesday after the central bank kept interest rates steady. In a post on Truth Social, the president accused the Fed ...
  
  The Hill - Jan. 29

• No interest rate cut by Federal Reserve as inflation remains above target

  The Federal Reserve did not apply a cut to its benchmark rate as inflation remains stubborn. CBS News business analyst Jill Schlesinger has more.
  
  CBS News - Jan. 29

• 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 repossessions
  
  Financial Times - Jan. 29

• European Central Bank to cut rates again with Trump threat and U.S. divergence in focus

  "The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar."
  
  CNBC - Jan. 29
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  Political interference in central banks risks economic harm, ECB president warns

  Comments by Christine Lagarde seen as veiled warning to Donald Trump, who demanded Federal Reserve lower interest rates ‘immediately’. Political interference in central bank policymaking could harm ...
  
  The Guardian - Jan. 27

• UK Budget fallout adds to Bank of England dilemma on interest rates

  Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfort
  
  Financial Times - Jan. 27

• World's biggest sovereign wealth fund warns markets at risk from tariff-fueled inflation

  "If you look at the risk to financial markets, I think inflation is for sure one, all driven by tariffs."
  
  CNBC - Jan. 21

• 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 cautions
  
  Financial 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

• Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts

  Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%
  
  CNBC - Jan. 16
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  Surprise fall in inflation boosts interest rate cut hopes

  Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.
  
  BBC News - Jan. 15
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  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

• India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

  The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.
  
  CNBC - Jan. 13

• ECB’s chief economist warns of too-low inflation if rates stay high

  Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’
  
  Financial Times - 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

• Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation

  Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.
  
  MarketWatch - Jan. 8

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 - 2h
• 

  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 - 8h

• 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 - 3h
• 

  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 - 23h
• 

  Tesla’s European Sales Drop in January After Elon Musk Disrupts Politics

  The U.S. electric car company’s sales are sliding across Europe, amid what many see as interference in local affairs by Tesla’s chief executive, Elon Musk.
  
  The New York Times - 23h

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