Borrowing costs had been widely expected to be left unchanged with inflation, predicted to go up in the coming months.

JEA will raise electric base rates for the fourth and fifth time since 2021, effective April 1 and October 1. The increases are necessary to cover the rising cost of purchasing electricity from ...

Its previous decision, in February, was to cut rates from 4.75 to 4.5 per cent, taking base rate to 0.75 percentage points below its 5.25 per cent peak. The next decision will take place on 8 May.

Business Insider uses mortgage rate data from Zillow, but many of these forecasts base their predictions on ... mortgage ...

Last week the Bank of England announced that it will reduce the base rate by 0.25%, taking it to 4.5%. Base rate was held at 4.75% in December after two cuts in 2024. The Bank meets every six ...

The committee members judged that it is appropriate to lower the base rate further ... of the strong U.S. dollar trend and a decline in the long-term interest rates of major countries.