Bank of England's Mann sees upward inflation risks
High inflation in Britain has not been vanquished and there is a risk that some drivers of price growth could be heading upwards, Bank of England interest rate-setter Catherine Mann said on Wednesday.
Bank of England's Mann sees inflation pressure keeping rates high
LONDON (Reuters) -High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest rate-setter Catherine Mann said on Wednesday. Mann cast the lone vote ...
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%.
Bank of England meeting: U.K. central bank cuts rates to 4.75%
The markets and economists expect the Bank of England will cut its bank rate by 25 basis point to 4.75% on Thursday. It will be the second such reduction in borrowing costs since the U.K. central bank began easing policy in August.
Bank of England Cuts Interest Rates Ahead of Fed Meeting
The Bank of England cut interest rates but pointed to the uncertainty facing the global economy from fresh trade barriers and Middle East conflict
Bank of England slashes interest rate by 25 basis points to 4.75%, as expected
The Bank of England cuts interest rates to 4.75% in line with expectations, continuing its easing cycle started in August.
Bank Of England Cuts Interest Rate As Inflation Slows
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers.
Bank of England’s Mann warns of upward inflation pressures; markets eye US inflation – business live
Markets await US inflation for clues on further Fed rate cuts. Opus Energy has agreed to pay more than £7m in refunds, redress and goodwill payments after the regulator Ofgem found that the company overcharged almost 88,
Bank of England's Pill says pay growth stuck at high level
Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed inflation pressures in ...
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Bank of England Still Has Some Work to Do to Tame Inflation, Chief Economist Says
The Bank of England still has some way to go before it can celebrate having tamed inflation, its chief economist said ...