There are fears that interest rates could be hiked again as employment holds strong and inflation remains difficult to ...
Rolling coverage of the latest economic and financial news. 16:17 Today’s speech by Bank of England chief ...
Bank of England Governor Andrew Bailey hinted that the UK might be able to lower interest rates before the US, saying ...
Interest hikes are a blunt instrument – the aim ... when it stood at 3.1 percent. At that point, the BoE’s rate-setting monetary policy committee (MPC) was happy to hold base rates at 0.1 ...
Greene’s remarks suggest her views align with hawkish BOE rate-setters, Catherine Mann and Jonathan Haskel. They recently ...
Blue chips had a stellar morning as the FTSE 100 index soared to a new all-time high of 8.073. Though the index has come back ...
City investors trim their forecasts for rate cuts this year, after inflation falls by less than expected to 3.2% ...
His comments leave him in the hawkish camp on the BOE’s Monetary Policy Committee who are warning against turning to interest rate cuts too soon. While he, along with the others, have withdrawn their ...
leaving the option for more rate hikes on the table. AUD/USD Reaction to the RBA Decision and Rate Statement Before the RBA interest rate decision, the AUD/USD rose to a pre-stat high of $0.64646 ...
17 April: Lower-Than-Expected Fall Cools Rate Cut Hopes Annual inflation dipped to 3.2% in the year to March 2024, its lowest level in more than two yea ...
UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to further unwind bets on ...