<img src="https://www.telegraph.co.uk/content/dam/business/2024/11/07/TELEMMGLPICT000400837961_17309741537270_trans_NvBQzQNjv4Bqek9vKm18v_rkIPH9w2GMNpPHkRvugymKLtqq96r_VP8.jpeg" /><br><div> <head> <meta charset="UTF-8"/> <meta name="viewport" content="width=device-width, initial-scale=1, user-scalable=yes"/> <meta name="apple-itunes-app" content="app-id=388947468"/> <title>UK interest rate decision live: Bank of England poised to cut borrowing costs</title> <!-- Google Services (Subscribe) --> <!-- Last Replicated: --> <link rel="dns-prefetch" href="https://polyfill-fastly.io"/> <link rel="dns-prefetch" href="https://static.telegraph.co.uk"/> <link rel="dns-prefetch" href="https://assets.adobedtm.com"/> <link rel="dns-prefetch" href="https://experience.tinypass.com"/> <link rel="dns-prefetch" href="https://cdn.petametrics.com"/> <link rel="dns-prefetch" href="https://telegraphmedia.bootstrap.fyre.co"/> <link rel="preload" as="font" crossorigin="crossorigin" type="font/woff2" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/ui/dist/static/resources/fonts/austin-news-uprights-vf-basic-web.woff2"/> <link rel="preload" as="font" crossorigin="crossorigin" type="font/woff2" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/ui/dist/static/resources/fonts/Telesans-Text-Web-Regular.woff2"/> <link rel="preload" as="font" crossorigin="crossorigin" type="font/woff2" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/ui/dist/static/resources/fonts/doric-news-uprights-vf-basic-web.woff2"/> <link rel="shortcut icon" type="image/x-icon" sizes="16x16" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/favicon.ico"/> <!-- Versions for modern browsers --> <link rel="icon" type="image/svg+xml" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/favicon.svg"/> <link rel="icon" sizes="196x196" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/favicon-196x196.png"/> <link rel="apple-touch-icon" sizes="180x180" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/apple-touch-icon-180x180.png"/> <!-- Safari pinned tab icon --> <link rel="mask-icon" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/favicon.svg" color="#333333"/> <meta name="msapplication-TileColor" content="#2c769d"/> <meta name="msapplication-TileImage" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/mstile-144x144.png"/> <!--/* IE 11 Tile for Windows 8.1 Start Screen */ --> <meta name="msapplication-tooltip" content="The Telegraph"/> <meta name="msapplication-config" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/browserconfig.xml"/> <meta name="msapplication-square310x310logo" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/mstile-310x310.png"/> <meta name="msapplication-wide310x150logo" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/mstile-310x150.png"/> <meta name="msapplication-square150x150logo" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/mstile-150x150.png"/> <meta name="msapplication-square70x70logo" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/mstile-70x70.png"/> <meta name="theme-color" content="#ffffff"/> <link rel="stylesheet" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/ui.lc-8c2b490ef6796a79dd0e1d17473ead10-lc.min.css" type="text/css"/> <!-- Load Sourcepoint stub --> <!-- Load Sourcepoint payload --> <link rel="stylesheet" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/fonts-italic.lc-74f8f3d5f9a42a449787b66c770ee233-lc.min.css" type="text/css"/> <link rel="canonical" href="https://www.telegraph.co.uk/business/2024/11/07/ftse-100-markets-latest-trump-tariffs-fed-boe-interest-rate/"/> <meta name="description" content="The Bank of England is expected to cut interest rates for the second time this year today despite impending inflationary pressures from Donald Trump’s victory in the US election and the tax-raising Budget."/> <meta name="keywords" content="Global economy,Pound,Business,Dow Jones Industrial Average,Cost of living crisis,US content,UK economy,FTSE 100"/> <meta name="tmgads.channel" content="business"/> <meta name="tmgads.section" content="business-2024"/> <meta name="tmgads.zone" content="business.2024.11.07"/> <meta name="tmgads.articleid" content="A3hQN3Ctbbtl"/> <meta name="tmgads.pagetype" content="live"/> <meta name="tmgads.level" content="5"/> <meta name="tmgads.otherdata"/> <meta name="tmgads.geo" content="CA"/> <meta name="tmgads.keywords" content="Global economy,Pound,Business,Dow Jones Industrial Average,Cost of living crisis,US content,UK economy,FTSE 100"/> <meta name="DCSext.Channel" content="business"/> <meta name="DCSext.Category" content="2024"/> <meta name="DCSext.Genre" content="11"/> <meta name="DCSext.MLC" content="/business/2024/11/07"/> <meta name="DCSext.articleId" content="A3hQN3Ctbbtl"/> <meta name="DCSext.Content_Type" content="live"/> <meta name="DCSext.Level" content="5"/> <meta name="DCSext.author" content="Chris Price"/> <meta name="DCSext.articleFirstPublished" content="2024-11-07 07:12"/> <meta name="DCSext.cf" content="0"/> <meta name="DCSext.cd" content="0"/> <meta name="DCSext.cn" content="0"/> <meta name="DCSext.pd" content="1"/> <meta property="og:title" content="UK interest rate decision live: Bank of England poised to cut borrowing costs"/> <meta property="og:description"/> <meta property="og:type" content="article"/> <meta property="og:site_name" content="The Telegraph"/> <meta property="og:url" content="https://www.telegraph.co.uk/business/2024/11/07/ftse-100-markets-latest-trump-tariffs-fed-boe-interest-rate/"/> <meta property="og:image" content="https://www.telegraph.co.uk/content/dam/business/2024/11/07/TELEMMGLPICT000400837961_17309741537270_trans_NvBQzQNjv4Bqek9vKm18v_rkIPH9w2GMNpPHkRvugymKLtqq96r_VP8.jpeg?impolicy=OG-Live"/> <meta name="twitter:title" content="UK interest rate decision live: Bank of England poised to cut borrowing costs"/> <meta name="twitter:url" content="https://www.telegraph.co.uk/business/2024/11/07/ftse-100-markets-latest-trump-tariffs-fed-boe-interest-rate/"/> <meta name="twitter:image" content="https://www.telegraph.co.uk/content/dam/business/2024/11/07/TELEMMGLPICT000400837961_17309741537270_trans_NvBQzQNjv4Bqek9vKm18v_rkIPH9w2GMNpPHkRvugymKLtqq96r_VP8.jpeg?impolicy=Twitter-Live"/> <meta name="twitter:site"/> <meta name="twitter:description"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="tmgads.businessSegment" content="business"/> <meta name="tmg.sponsor"/> <meta name="DCSext.campaignId"/> <meta name="DCSext.campaignStart"/> <meta name="DCSext.campaignEnd"/> <meta name="DCSext.sponsored" content="false"/> <meta name="tmg.premium.override" content="true"/> <meta name="tmg.premium.state" content="false"/> <meta name="premiumContentOnFirstPublish" content="false"/> <meta property="article:content_tier" content="free"/> <meta property="fb:pages" content="143666524748"/> <meta property="fb:pages" content="1438053159792450"/> <meta property="fb:pages" content="1069269459751990"/> <meta property="fb:pages" content="985629951556153"/> <meta property="fb:pages" content="121391718031592"/> <meta property="fb:pages" content="187451147952038"/> <meta property="fb:pages" content="244632882562393"/> <meta property="fb:pages" content="1443454839014980"/> <meta property="fb:pages" content="551022578388741"/> <meta property="fb:pages" content="534435549980003"/> <meta property="fb:pages" content="751195545009382"/> <meta property="fb:pages" content="116941904987458"/> <meta property="fb:pages" content="285329994977070"/> <meta property="fb:pages" content="122346694516955"/> <meta property="vf:container_id" content="A3hQN3Ctbbtl"/> <meta property="article:opinion" content="false"/> <meta property="vf:url" content="https://www.telegraph.co.uk/business/2024/11/07/ftse-100-markets-latest-trump-tariffs-fed-boe-interest-rate/"/> <meta name="tmg.pt" content="1730974264047"/> <meta name="theme-color" content="#072A3A"/> <meta name="msapplication-navbutton-color" content="#072A3A"/> <meta name="robots" content="max-snippet:-1,max-image-preview:large,max-video-preview:-1"/> <meta name="tmg.app" content="false"/> <meta name="tmg.isAdLite" content="false"/> <!-- Flags for the save-article functionality tmg.isSaveArticleEnabled: Considered the global flag, adds the save js and controls the large horizontal scroll layout. tmg.isTextNumberedHorizontalScrollEnabled: Controls the text-numbered horizontal scroll layout. tmg.isSmallHorizontalScrollEnabled: Controls the small horizontal scroll layout. tmg.isCollectionsCuratedListEnabled: Controls the curated lists layouts, such as single article image, guide links, article lists. tmg.isCollectionsDynamicListEnabled: Controls the dynamic lists layouts, such as single article image, guide links, article lists. --> <meta name="tmg.isSaveArticleEnabled" content="true"/> <meta name="tmg.isTextNumberedHorizontalScrollEnabled" content="true"/> <meta name="tmg.isSmallHorizontalScrollEnabled" content="true"/> <meta name="tmg.isCollectionsCuratedListEnabled" content="true"/> <meta name="tmg.isCollectionsDynamicListEnabled" content="true"/> <!-- comScore Identifier: comscorekw=business --> <!-- MarTech (Target) --> <!-- Flags for the save-article functionality tmg.isSaveArticleEnabled: Considered the global flag, adds the save js and controls the large horizontal scroll layout. tmg.isTextNumberedHorizontalScrollEnabled: Controls the text-numbered horizontal scroll layout. tmg.isSmallHorizontalScrollEnabled: Controls the small horizontal scroll layout. tmg.isCollectionsCuratedListEnabled: Controls the curated lists layouts, such as single article image, guide links, article lists. tmg.isCollectionsDynamicListEnabled: Controls the dynamic lists layouts, such as single article image, guide links, article lists. --> <meta name="tmg.isSaveArticleEnabled" content="true"/> <meta name="tmg.isTextNumberedHorizontalScrollEnabled" content="true"/> <meta name="tmg.isSmallHorizontalScrollEnabled" content="true"/> <meta name="tmg.isCollectionsCuratedListEnabled" content="true"/> <meta name="tmg.isCollectionsDynamicListEnabled" content="true"/> </head> <body class="segment--business " data-test="body" id="wp_automatic_ReadabilityBody"> <a href="#main-content" hidden="" aria-hidden="false">Jump to content</a> <!-- Adding the condition for a standard article that is not a comment, review, or recipe for RESKIN PURPOSES --> <main id="main-content" class="container tpl-live-blog tpl-article__layout--liveblog"> <article class="grid"> </article></main></body> </div> <br><a href="https://www.telegraph.co.uk/business/2024/11/07/ftse-100-markets-latest-trump-tariffs-fed-boe-interest-rate/">Source link </a>