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.
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 ...
BoE delays Basel bank capital rules by one year
The Bank of England said on Friday it would delay the implementation of tougher bank capital requirements by one year until ...
How Trump's Pick for Treasury Secretary Once Helped Break the Bank of England
Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, profiting more than $1 billion when the pound fell in value.
Bank of England warns billions of pounds in UK pension pots at risk
The Bank of England said it was concerned about an increase in the growing use of a type of insurance known as funded ...
Lenders expect mortgage demand to shrink in early 2025, Bank of England finds
The latest survey findings point to the financial strain on households against a backdrop of continued inflationary pressures ...
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Bank of England Opens Digital Pound Labs for Blockchain Payment Testing
A digital pound remains in its exploratory phase, with final decisions contingent on parliamentary approval and extensive ...