No Result
View All Result
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
Smart Investment Today
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Smart Investment Today
No Result
View All Result
Home Investing

Bank of England poised for interest rate cut amid slowdown concerns

by
February 6, 2025
in Investing
0
Bank of England poised for interest rate cut amid slowdown concerns
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Bank of England is expected to lower its key interest rate later today, moving from 4.75% to 4.5%, in a bid to counter the UK’s sluggish economic performance.

Many analysts point to softer GDP figures and falling inflation as the central drivers behind the likely cut, though the Bank’s mandate to maintain inflation at 2% remains far from met.

After inflation dipped to 2.5% in December, speculation around a rate cut intensified—even though the headline figure still exceeds the Bank’s official target. Governor Andrew Bailey has signalled that any additional cuts this year will be “gradual”, without committing to specific timings or magnitudes. The Bank’s Monetary Policy Committee (MPC) will also publish a fresh outlook on inflation at midday, potentially offering clues to its future strategy.

Concerns around inflation have been exacerbated by US President Donald Trump’s imposition—and threat—of new import tariffs, which could push up global prices and reverberate through supply chains to the UK. Still, some economists argue that higher wage growth, rather than tariffs, is more likely to shape the Bank’s decisions.

In the meantime, the British economy is grappling with stagnant growth figures, posting little to no expansion in the last three months of 2024. The upcoming tax changes announced in the autumn Budget—including higher National Insurance contributions and an increased National Living Wage—are likely to add to business costs, potentially restraining hiring and investment.

Investor nervousness has contributed to heightened volatility in financial markets, sending gilt yields (the government’s borrowing costs) to multi-year highs and weighing on sterling. Looking ahead, the MPC’s decision may strike a delicate balance between preventing any further slowdown and avoiding a resurgence of inflation.

Read more:
Bank of England poised for interest rate cut amid slowdown concerns

Previous Post

Porsche Design Announces Orlando Bloom as Their Latest Brand Ambassador

Next Post

Ukraine’s EV Charging Experiences Enhanced by Parkopedia, AWT Bavaria, and BMW AG

Next Post

Ukraine’s EV Charging Experiences Enhanced by Parkopedia, AWT Bavaria, and BMW AG

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • Trending
    • Comments
    • Latest

    Gold Prices Rise as the Dollar Slowly Dies

    May 25, 2024

    Richard Murphy, The Bank of England, And MMT Confusion

    March 15, 2025

    We Can’t Fix International Organizations like the WTO. Abolish Them.

    March 15, 2025

    Free Markets Promote Peaceful Cooperation and Racial Harmony

    March 15, 2025

    Unforgettable Events Made Possible by World-Class Entertainment

    0

    Ana-Maria Coaching Marks Milestone with New Book Release

    0

    The Consequences of California’s New Minimum Wage Law

    0

    Memorial Day

    0

    Unforgettable Events Made Possible by World-Class Entertainment

    July 10, 2025
    British teens arrested over £300m Marks & Spencer hacking spree

    British teens arrested over £300m Marks & Spencer hacking spree

    July 10, 2025

    “What is the Top Mobile Network in Central London?”

    July 10, 2025

    Forget Cavill and Hiddleston: Enzo Zelocchi Is the Bond We Didn’t Know We Needed

    July 10, 2025

    Recent News

    Unforgettable Events Made Possible by World-Class Entertainment

    July 10, 2025
    British teens arrested over £300m Marks & Spencer hacking spree

    British teens arrested over £300m Marks & Spencer hacking spree

    July 10, 2025

    “What is the Top Mobile Network in Central London?”

    July 10, 2025

    Forget Cavill and Hiddleston: Enzo Zelocchi Is the Bond We Didn’t Know We Needed

    July 10, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 smartinvestmenttoday.com | All Rights Reserved

    No Result
    View All Result
    • News
    • Economy
    • Editor’s Pick
    • Investing
    • Stock

    Copyright © 2025 smartinvestmenttoday.com | All Rights Reserved