will add nothing to gross domestic product growth in its forecast horizon. The Bank's governor, Andrew Bailey, said: "It will be welcome news that we have been able to cut interest rates again today.
LONDON, Feb 6 (Reuters) - The Bank ... to rate cuts - joined Swati Dhingra to seek a bigger reduction to 4.25%. Bailey said he expected to be able to cut rates further. "But we will have to ...
The move comes as the Bank responds to concerns over slowing economic growth as opposed to inflation concerns ... “The vast majority of mortgage borrowers are on a fixed rate mortgage, and we know ...
LONDON (AP) — The Bank of England halved its growth ... “We’ll be monitoring the U.K. economy and global developments very closely and taking a gradual and careful approach to reducing rates ...