Bank of England cuts rates after tight vote but signals caution over further moves

The Bank of England cut interest rates on Thursday after a narrow vote by policymakers but it signalled that the already gradual pace of lowering borrowing costs might slow further.

AI likely to displace jobs, says Bank of England governor

Andrew Bailey says workers need to be trained to move into jobs that use AI, but adds it might not lead to mass unemployment.
Anadolu Agency

AI could displace jobs like Industrial Revolution, warns Bank of England governor

UK needs to have 'training, education, skills in place' to help workers transition into jobs that use AI, says Andrew Bailey - Anadolu Ajansı

Bank of England lowers rates after tight vote but signals caution about further cuts

The Bank of England cut interest rates on Thursday after a narrow vote by policymakers but it signalled that the already gradual pace of lowering borrowing costs might slow further.

FTSE 100 LIVE: Stocks lacklustre as traders await Bank of England and European Central Bank rate decisions

The Monetary Policy Committee (MPC) is widely expected to cut UK interest rates at noon today, down from 4% to 3.75%

U.S. CPI, Micron’s earnings, Bank of England policy meeting- what’s moving markets

Investing.com - U.S. stock futures trade mostly higher Thursday, helped by a positive update from chipmaker Micron, but the release of the latest U.S. inflation data could easily swing sentiment. Europe sees a number of central bank policy meetings, with the Bank of England likely to be the only one to ease monetary policy.
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