Andrew Bailey said in 2023 that the central bank had ‘very big lessons to learn’ - Yui Mok/Reuters The Bank of England has ...
Bank of England interest rate-setter Megan Greene said on Friday she remained worried about signs of the pace of wage growth ...
The annual rate of consumer-price inflation was 3.4% in December, up from 3.2% in November, the first increase since July.
Most economists expect the central bank to stick to its usual strategy of refraining from adding complexity at moments of ...
Inflation in the United Kingdom rose in December for the first time in five months, pushing further above the Bank of England ...
Consumer price inflation (CPI) in the UK surprised markets by rising to 3.4 percent in the year to December, up from 3.2 percent in November. This reading marke ...
Further cuts in interest rates this year could allow mortgage lenders to reduce rates, meaning cheaper costs for households ...
The latest rise in UK inflation - from 3.2% to 3.4% in December - shouldn't last. We expect headline CPI to get to 2% and ...
The BoE’s Monetary Policy Committee voted 5-4 last month to cut its key interest rate to 3.75% from 4%. Greene opposed the move. Although BoE Governor Andrew Bailey has forecast that inflation will ...
Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.
Megan Greene said the Bank may have to react to monetary policy decisions abroad if they have a knock-on impact on UK price ...
Trump has repeatedly demanded the Fed lower interest rates, criticizing its Chair Jerome Powell for being too late.