Bank of England interest rate-setter Megan Greene said on Friday she remained worried about signs of the pace of wage growth ...
Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.
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 ...
Megan Greene said the Bank may have to react to monetary policy decisions abroad if they have a knock-on impact on UK price ...
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, ...
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 ...
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 ...
Growing divergence between US and UK monetary policy could increase inflation risks in Britain and complicate the path of interest rate cuts, a Bank of England (BoE) policymaker has warned. Megan ...
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 ...
LONDON – The Bank of England held its main interest rate at 4% on Thursday as U.K. inflation concerns weigh on policymakers. The decision was widely anticipated, as was the split of votes on the ...
The Bank looks likely to keep rates on hold on 6 November, despite better inflation and wage news. The committee is deeply divided, and we don't expect clear signals on the Bank's next steps. But ...
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 ...