The Latest Breaking News from Interest Rates

Market analyst Darin Newsom believes current market fluctuations are driven by news headlines and manipulation, similar to 2017-2020, and that while some technical indicators may still be relevant, the market's reaction to news, including potential tariff increases and weather concerns, creates uncertainty and volatility across various sectors, impacting investor behavior…

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

The dollar index (DXY00 ) today is up by +0.29%. The dollar today is higher on some mild short covering after two days of losses. The dollar also garnered some support after US Q1 nonfarm productivity rose as expected. Higher T-note yields today are favorable for the dollar. Limiting gains...

The Bank of England cut interest rates but halved its growth forecast.

The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.

A London homeowner with a £300,000 tracker mortgage will see monthly repayments fall around £43 from £1,710 to £1,667.

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth

The base rate is down 25 basis points and some lenders have already priced in the cut

Decision will lead to lower borrowing costs for those on trackers – but fixed-rate deals will stay the same

The base rate has been held after February’s cut - so what’s the day-to-day impact on people?

Latest quarter-point reduction comes with warning households face inflation of 3.7% by autumn