There's little doubt in the market's mind that the Bank of England will cut interest rates later today by another quarter point, making it five cuts in the past year.

BOE Expected to Cut Rates Again. Why It's Ahead of the Fed. The Bank of England is expected to cut interest rates Thursday ahead of the Federal Reserve potentially following suit next month.

LONDON: The Bank of England looks poised to cut interest rates for the fifth time in 12 months on Thursday but nagging worries about inflation are likely to split its policymakers and cloud the ...