For most of the UK’s inflation shock over the past two years, Bank of England policy reacted to swings in wage and prices ...
As we approach the end of 2024, the economic news does not look good. The economy is assessed as having flatlined (zero GDP ...
Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had ...
The Bank of England looks set to hold interest rates at 4.75% on Thursday, despite signs of a slowing economy, as persistent ...
LONDON (AP) — The U.K.’s central bank warned Thursday of “heightened uncertainty" as it kept interest rates on hold after ...
The U.K.’s annual rate of inflation rose further above the BOE’s target, increasing the likelihood that policymakers will opt ...
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services ...
The Bank of England is poised to keep interest rates on hold after inflation surged to an eight-month high and households were told to brace for further price rises. Hopes that the Bank could ...
The Office for National Statistics said consumer price inflation rose by 2.6% in the year to November, up from 2.3% the previous month. The increase, which took inflation further away from the Bank of ...
Economists and traders now expect that February may see the next rate cut, although it could be even later next year.
Bank of England keeps main U.K. interest rate on hold at 4.75% after inflation spike.