(19 Dec 2025, 12:09)

Economic Buzz: Bank of England cuts rates by 25 basis points to around three-year low

The Bank of England cut its benchmark rate for the fourth time this year yesterday. The Monetary Policy Committee, governed by Andrew Bailey, voted 5-4 to reduce the bank rate by 25 basis points to 3.75 percent, which was the lowest since early 2023. This reduction aims to address economic stagnation and inflation that has been dropping faster than anticipated. The committee observed that the restrictiveness of policy has fallen as interest rate has been reduced by 150 basis points since August 2024. On the basis of the current evidence, Bank Rate is likely to continue on a gradual downward path, the bank said.

More News

(18-Mar-2026 12:21)
Commodities Buzz: India's Gold imports value up 35.50% in FY26, Silver imports spike 155%
(18-Mar-2026 11:51)
Crude slumps more than 4% in Asia, nears one-week low
(18-Mar-2026 11:38)
Commodities Buzz: LME Copper inventories spike to one and half year high
(18-Mar-2026 11:22)
Economic Buzz: Japan’s trade balance narrows as imports surge on strong domestic demand

Tweets by CapitalMarket17

Commodity Mid Session News

Economic Buzz: Bank of England cuts rates by 25 basis points to around three-year low