The Latest Breaking News from Interest Rates

Risk of ‘persistent inflation’ could affect rate cuts, says Bank economist

Huw Pill, chief economist at the Bank of England, stressed there has been ‘progress’ in bringing inflation down in recent months.

Evening Standard · Aug 8, 2025

Here's What Happens to the Economy if Trump Fires Jerome Powell and Installs a Loyalist at the Fed

The Fed should be replaced by free markets, not unbridled presidential power.

Reason · Aug 8, 2025

Trump picks top economic aide Stephen Miran for Federal Reserve board

Miran will take the spot vacated by Adriana Kugler if his appointment is approved by the Senate.

Euronews · Aug 8, 2025

Fact check: Bank has held rates four out of nine times since Labour took power

The Bank of England Monetary Policy Committee held interest rates unchanged at several of its meetings since last year’s general election.

The Independent UK · Aug 7, 2025

Interest rates: Why have they been cut and what does it mean?

Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.

Evening Standard · Aug 7, 2025

Bank lowers UK interest rates but warns ‘uncertainty’ about future cuts

Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.

Evening Standard · Aug 7, 2025

Voices: How the cut in interest rates might come back and bite us all

COMMENT: The flagging UK economy will get a badly needed boost from the Bank of England’s third rate cut of the year – but, says James Moore, given an unexpected jump in inflation, there could now be several unintended consequences

The Independent UK · Aug 7, 2025

UK interest rates slashed to lowest level in two years

UK interest rates have been cut to their lowest level since March 2023, despite the Bank of England predicting a sharp rise in inflation amid…

The National (Scotland) · Aug 7, 2025

Bank of England cuts interest rates for fifth time in a year

IN FULL

The Independent UK · Aug 7, 2025

Interest rates cut to 4% as UK inflation picks up

The cut came after the Bank’s rate-setting committee was forced to take a second vote for the first time in its history.

The Independent UK · Aug 7, 2025