Inflation slows to 3.4% but no Bank of England rate cut expected
Inflation eased to an annual rate of 3.4% in May, according to official figures released this morning, but the Bank of England is still widely expected to leave interest rates on hold.
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The Bank of England has cut the interest rate for the fifth time in a year to 4% but warned that climbing food prices will cause inflation to jump higher in 2025.
More...07-08-2025, 04:28 PM -
The Bank of England has announced it is scaling back the rate at which it is selling bonds into the financial market as part of its quantitative tightening programme.
More...18-09-2025, 02:57 PM -
The Bank of England has cut interest rates from 4% to 3.75%, its sixth cut since last summer.
More...18-12-2025, 11:38 AM