Bank of England's Greene says she is still worried about inflation pressures

Bank of England interest rate-setter Megan Greene said on Friday she remained worried about signs of the pace of wage growth ...

UK inflation climbs to 3.4% as tobacco and airfares drive rising prices

Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.

Inflation Hits 3.4% As Bank Of England Mulls February Rate Decision

Concern Over Rising Prices Could Scupper Cut  Inflation rose by more than forecast in the 12 months to December, from 3.2% to 3.4%, wit ...
Bloomberg L.P.

Bank of England and OECD Sound Warnings on Sticky UK Inflation

Bank of England Chief Economist Huw Pill said that structural changes in the UK economy may be keeping inflation elevated. The Organisation for Economic Cooperation and Development warned that UK ...
U.S. News & World Report

Bank of England's Taylor Expects Inflation to Fall to Target 'In the Near Term'

LONDON, Dec 8 (Reuters) - British inflation is likely to return to its 2% target "in the near term" as wage growth and inflation in the services sector look set to slow further, Bank of England ...

U.K. inflation uptick delays Bank of England rate cut, UBS says

The latest UK economic data present a mixed picture for policymakers at the Bank of England as they consider when to begin easing monetary policy. Consumer price inflation edged higher in December, ...
Crowdfund Insider

Bank of England Leverages Machine Learning to Better Understand Economic Theory and Inflation

In an increasingly digital environment where data and advanced analytics challenge traditional economic modeling, the Bank of England is applying a fusion of machine learning (ML) with economic theory ...
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Bank of England holds interest rate at 4% as inflation remains elevated

The Bank of England (BoE) has kept its key interest rate on hold at 4% amid the UK’s inflation remaining marked above target. Despite expectations of a further 25-basis-point cut on borrowing rates, ...
Reuters

Bank of England set for tight rates decision as inflation softens and budget looms

LONDON, Nov 6 (Reuters) - The Bank of England is set to announce a potentially knife-edge interest rate decision on Thursday with most investors expecting no change before this month's government ...
U.S. News & World Report

Bank of England's Bailey Sees Inflation Near 2% Target by May

LONDON, Dec 18 (Reuters) - British inflation looks on course ‌to return to close to its ‌2% target by April or May next year, about a year earlier than previously expected, Bank of England Governor ...
Morningstar

U.K. Inflation Falls, Likely Cementing Bank of England December Rate Cut — 2nd Update

The U.K.'s annual rate of inflation declined in October for the first time since May, strengthening expectations that the Bank of England will cut its key rate next month. Annual inflation ticked down ...
Bloomberg L.P.

BOE Official Plays Down Impact of Energy Bill Cut on Inflation

Bank of England rate-setter Megan Greene played down hopes that a cut to energy bills at Wednesday’s budget will help the central bank stamp out the threat from sticky inflation. Greene said on ...