Bank of England is expected to signal interest rate cuts could happen soon after inflation falls

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LONDON (AP) — The Bank of England is widely expected to indicate Thursday that interest rates could be cut in the coming months following news that inflation...

LONDON — The Bank of England is widely expected to indicate Thursday that interest rates could be cut in the coming months following news that

It's not totally straightforward, though, as bank forecasts last month indicated a further upward tick in inflation in the second half of the year. Most speculation is that Prime Minister Rishi Sunak will call an election in the fall, when the economic backdrop is likely to be more benign than it is now.Fox Business NetworkFox Business Network host Larry Kudlow asked Shark Tank star Kevin O’Leary point-blank on Tuesday if he’d loan Donald Trump nearly a half-billion dollars in order to appeal the ex-president’s New York bank fraud case, saying it would “protect America’s name.

 

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Seven Charts That Will Guide the Bank of England on Rate CutsThe Bank of England this week is likely to resist signaling imminent interest rate cuts despite the arrival of new data that is expected to show inflation sinking to a 2 1/2 year low.
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