Interest Rates

20 December 2024

The Fed makes a hawkish cut
US interest rates. The US Federal Reserve cut interest rates by 0.25% on Wednesday but signalled a much slower pace of reductions in 2025

20 December 2024

The Bank of England holds Bank Rate
Interest rates. On Thursday the Bank of England surprised nobody by holding the Bank Rate at 4.75%

14 November 2024

HMRC reduces late payment and repayment interest rates
HMRC’s changes to payment and repayment interest rates, following the latest reduction in the base rate recently announced by the Bank of England

08 November 2024

The Old Lady and the Fed make the same interest rate cuts
The US interest rate. The Federal Reserve copied the Bank of England on Thursday in cutting interest rates by 0.25%

20 September 2024

The Fed cuts rate at last
The Fed rate. After holding rates steady since May 2023, to nobody’s surprise, the US Federal Reserve cut the Fed Funds rate on Wednesday. However, the size of the cut was arguably a surprise for many economists

20 September 2024

The Bank of England maintains rate at 5%
The latest Bank Rate decision. After Wednesday’s bumper 0.5% rate cut from the US Federal Reserve, the Bank of England has sat on its hands

07 August 2024

02 August 2024

Bank of England cuts interest rates to 5%
The latest Bank of England interest rate decision. For once, the Bank of England has not followed the US Federal Reserve and has cut the Bank (Base) Rate by 0.25%