Bank of England in no hurry on interest rates – but cuts will come

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3. Bank of England in no hurry on interest rates – but cuts will come

Bank of England in no hurry on interest rates – but cuts will come - short news

Despite the decision to hold at 4.5%, businesses and households can take a confident view of the UK’s prospects

Bank of England says companies freezing hiring plans as it keeps interest rates on hold

Bank of England policymakers might be on a “go-slow” as they look forward to interest rate cuts this year, but the direction of travel is almost certain.

After a meeting on Thursday when interest rates were kept on hold at 4.5%, City investors bet there would be more reductions..

Read more on The Guardian

source: The Guardian - 20.03.2025