Bank of England not yet ready to cut UK interest rates, experts say


by The Independent

The Independent— Economists expect the rate to remain at 5.25 per cent

CNBC—'It's our duty': Bank of England chief says cutting rates just before a UK election wouldn't be an issue. Bank of England Governor Andrew Bailey on Thursday played down any political pressure received by his institution.

CNBC—Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years. A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders and investors scrambling to refine their bets.

The Spectator Australia—Why the Bank of England must cut interest rates. As the Bank of England’s Monetary Policy Committee (MPC) announces its interest rate decision today it has the chance to…What to read next: Elphicke is wrong: the Tories haven’t abandoned the centre ground | Pro-Palestine campus protests have gone too far | Sunak’s ex-ministers demand Home Office overhaul | Tory MP Natalie Elphicke defects to Labour