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 ...
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 ...
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 ...
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Inflation to rise further above Bank of England target, experts predict
Further cuts in interest rates this year could allow mortgage lenders to reduce rates, meaning cheaper costs for households ...
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 ...
Rachel Reeves cleared the path for the Bank of England to resume cutting interest rates next month, even though her budget was less inflation-battling than had been expected only a few weeks ago. The ...
LONDON, Dec 18 (Reuters) - The Bank of England cut interest rates on Thursday after a narrow vote by policymakers but it signalled that the already gradual pace of lowering borrowing costs might ...
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 ...
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