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Bank of England pauses historic rate hikes as UK inflation falls
The Bank of England paused its historic interest rate hiking campaign for the first time in nearly two years Thursday after inflation fell unexpectedly in August.
UK inflation fell unexpectedly in August. That makes it unclear what the Bank of England will do
Inflation in Britain fell unexpectedly in August to its lowest level since the start of Russia’s invasion of Ukraine.
Bank of England joins US Fed in keeping interest rates unchanged after inflation declines
Real-time index price for TSX Income Trust Index (RTCM), along with buy or sell indicators, analysis, charts, historical performance, news and more
Bank of England mulls over interest rate hike amid softer UK inflation data
The Bank of England (BoE) is expected to announce its fifteenth consecutive interest rate hike since December 2021 on Thursday, which could raise the Bank Rate by 25 basis points (bps) from 5.25% to 5.
Hope for mortgage rate cuts after Bank of England decision
Mortgage rates should fall following the Bank of England's decision to keep its key interest rate on hold, brokers say. So far the response has been muted, with the Nationwide the only major lender to reduce mortgage rates since the Bank's announcement was made.
2d
Investors cut bets on UK interest rate rise after surprise fall in inflation – business live
Odds of an increase in UK interest rates on Thursday fall below 50%, after inflation rate dropped unexpectedly in August to ...
2d
on MSN
UK inflation dips to 6.7%, below expectations as food prices ease
U.K. inflation surprised with a dip to 6.7% in August, below expectations and sparking increased bets on a pause in interest ...
2d
UK Inflation Unexpectedly Falls, Raising Questions About BoE Rates Plan
Investors have expected the BoE to raise interest rates for the 15th time in a row on Thursday, taking Bank Rate to 5.5% from ...
19h
UK recession risk deepens as companies falter-PMI
British companies endured a much tougher September than feared, marked by growing unemployment and recession risks, according to a survey on Friday that underlined why the Bank of England halted its ...
15h
UK recession risk grows as higher interest rates weigh on firms
Service sector and manufacturing output falls, with cost of living crisis also hitting businesses ...
18h
UK recession risk grows as companies cut staff at a sharp pace
While the economy is weakening, there was more evidence of inflation cooling. Input price inflation saw its biggest monthly fall in 2023 so far.
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Bank of England
United Kingdom
Pound sterling
Consumer Prices Index