The Bank of England Is Expected to Cut Rates to 4.5%
Commuters pass the Bank of England, left, and the Royal Exchange, as they make their way to work in London, UK, on Monday, Jan. 6, 2025.
Photographer: Jason Alden/Bloomberg
Good morning. The Bank of England is expected to cut interest rates today. US Treasury Secretary Scott Bessent is focused on lowering yields, not rates. And Man City’s trouble is spreading from the pitch to politics. Listen to the day’s top stories.