Traders bet on more Bank of England rate cuts in 2025

Traders bet on more Bank of England rate cuts in 2025 after data shocks
The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister Rachel Reeves.
Bank of England’s Taylor Sees Need for ‘Pre-Emptive’ Cuts to Lessen Recession Risk
Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy.
Bank of England's Taylor says it's time to cut interest rates
The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan Taylor, the BoE's most recently appointed interest rate setter, said on Wednesday.
Bank of England interest rates warning issued over need for multiple cuts
Alan Taylor, an external member of the Bank's Monetary Policy Committee (MPC), said a series of radical cuts could be on the agenda
Employment, not prices, will shape Bank of England rates as tax rises bite
The good news is not expected to last as inflation creeps up in the coming months as the rise in employer’s national insurance contributions arrives in April, higher VAT on school fees kicks in and road taxes rise. Add to that rising oil prices that could translate into higher costs for homes, transport and related services.
Bank of England interest rates forecast could mean huge boost for millions
The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the Chancellor Rachel Reeves.
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.
February Bank of England rate cut a 'sure bet' as growth stumbles and inflation falls
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and anaemic economic growth.
Bank of England's Bailey warns against risks from economic nationalism
Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid ...
Bank of England should cut interest rates pre-emptively, says commitee member
Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last ...
Bank of England refunded almost £50k worth of cash that had been through washing machine
These are among the startling statistics revealed by the nation's central bank, which also showed that just under £10 million ...
Run of bad economic data brings end to market turbulence and interest rate benefits as three Bank cuts expected for 2025
There's good news for Chancellor Rachel Reeves in response to bad signs for economic growth - the market turbulence that ...
No Country For Young Fintechs: The U.K.’s Debanking Of Crypto Blockchain And Web3
A survey of U.K. fintech and crypto firms found that 50 percent of the firms have been rejected from opening a bank account.
Mark Carney's campaign asked to stop using logo by CEO of Canadian company over 'apparent' similarities
The CEO of MetCredit, a national collection agency, is asking the campaign of Liberal leader hopeful Mark Carney to stop ...
BoE Delays New Rules For Banks Ahead Of Trump Presidency
The Bank of England said Friday it will delay implementing rules designed to prevent a 2008-style financial crisis as it awaits clarity on how they will be enforced in the US under Donald Trump.
Ex-finance minster Chrystia Freeland running to replace Trudeau as Canada's prime minister
Chrystia Freeland, whose abrupt resignation as finance minister last month forced Justin Trudeau's exit as prime minister, said she is running to be the next leader of the Liberal Party and Prime ...