Rolling coverage of the latest economic and financial news. 16:17 Today’s speech by Bank of England chief ...
City investors trim their forecasts for rate cuts this year, after inflation falls by less than expected to 3.2% ...
Bank of England Governor Andrew Bailey hinted that the UK might be able to lower interest rates before the US, saying ...
Investors anticipate that the BOE will cut its key interest rate in June, with steady easing ... growth will lead to a fresh series of price hikes, particularly in the labor-intensive services ...
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 ...
UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to further unwind bets on ...
There are fears that interest rates could be hiked again as employment holds strong and inflation remains difficult to ...
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 ...
UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to further unwind bets on ...
The BOE dropped its key rate, down to 0.1% in March 2020 in an ... This is its seventh consecutive rise and takes U.K. interest rates to a level last seen in 2008. In a release explaining its ...
(Bloomberg) — Bank of England policy maker Megan Greene said interest rate cuts “should still be a way ... Greene’s remarks suggest her views align with hawkish BOE rate-setters, Catherine Mann and ...
UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to further unwind bets on ...