Bank of England's Taylor says he expects 4 rate cuts in 2025

Run of bad economic data brings end to market turbulence and interest rate benefits as three Bank cuts expected for 2025
There's good news for Chancellor Rachel Reeves in response to bad signs for economic growth - the market turbulence that piled pressure on her stewardship of the economy has reversed.
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 says he expects four rate cuts in 2025
Bank of England interest rate setter Alan Taylor said on Wednesday he expected the British central bank to cut interest rates four times in 2025, twice the pace priced into financial markets at the moment.
Slowing Inflation Strengthens Calls For Bank Of England Rate Cuts
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by
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.
Fed Governor Waller sees potential for multiple interest rate cuts in 2025
Fed Governor Christopher Waller told CNBC on Thursday that the central bank could lower interest rates multiple times this ...
What's the HELOC and home equity loan interest rate forecast for 2025?
Home equity is at an all-time high, but what will happen with these borrowing rates this year? Experts weigh in.
Capital One accused of ‘cheating millions of customers’ out of interest rate payments
Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying ...
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Money blog: Major boost for mortgage holders as more interest rate cuts forecast in 2025
The FTSE 100 reached a new daytime high this morning, as investors respond to a weak pound. Market expectations for interest ...
Cooler core inflation revives bets on Fed rate cuts
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, ...
Capital One allegedly cheated customers out of $2 billion in interest, CFPB claims
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
FTSE 100 hits record high as hopes are raised of an interest rate cut to stimulate growth
US markets faltered after a blowout session the previous day, while the surprising upstart came in the form of the FTSE 100, ...
Bank of England to cut interest rates four times this year - Reuters poll
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by ...
What savers should do now with interest rates on pause
A rise in inflation all but assures a pause in interest rate cuts. Here's what savers should do in the interim.