The Bank of England target is to keep inflation at 2%. With inflation well above that level, the Bank increased interest ...
UK inflation dynamics are different to US. There has been some decoupling recently between UK and US market rate expectations ...
Bank of England governor Andrew Bailey is briefing reporters after BoE left UK interest rates on hold again in a dramatic 7-2 ...
Alongside the decision, it published its latest forecasts for the UK economy. The Bank previously believed that inflation ...
The Bank of England said it was not yet at the point where it can start cutting rates, opting instead to hold them steady at ...
UK inflation is currently 4% a year, with the Bank Rate of 5.25% unchanged since last August. There is little expectation of a Bank Rate cut this month, especially given today’s figures from the US.
Inflation has had a direct impact on the consumer thought process of buying vehicles and is expected to come down at the end ...
Governor Andrew Bailey of the Bank of England expressed a cautiously optimistic outlook regarding the UK's economic direction ...
UK Chancellor of the Exchequer Jeremy Hunt will need to raise taxes to meet his fiscal rules as weak growth and sticky ...
The Bank of England has opted to keep interest rates unchanged at 5.25%, marking the sixth consecutive meeting at this ...