inflation, Bank of England

Unexpected fall in inflation boosts hope for Bank of England interest rate cut - but experts warn 'any drop is temporary'
UK inflation unexpectedly fell to 2.5 per cent in December, sparking increased expectations of an interest rate cut by the Bank of England next month. The surprise decline from November's 2.6 per cent marked the first drop in inflation for three months.
Bank of England should cut interest rates pre-emptively, says commitee member
Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last half mile on inflation' and called for a pre-emptive cut
U.K. Inflation Eases Unexpectedly, Boosting Chances of BOE Rate Cut
Inflation cooled to 2.5% at the end of the year, making it more likely that the Bank of England will continue to lower its key interest rate.
UK politics live: Surprise inflation fall eases pressure on Reeves as markets predict interest rate cut
Inflation has fallen to 2.5 per cent in a boost for Chancellor Rachel Reeves as she faces criticism over market turmoil and volatility in the value of the pound. The Consumer Prices Index (CPI) figure is still above the Bank of England’s 2 per cent target,
UK inflation unexpectedly drops in December, easing pressure in bond markets
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month. The Office for
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
Bank of England to cut interest rates four times this year - Reuters poll
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by ...
Slash rates six times in 2025 to avoid recession, says Bank of England official after drop in inflation
Inflation worries eased on both sides of the Atlantic, boosting markets and providing respite to beleaguered Chancellor ...
How retail misery is piling pressure on Bank of England for rate cuts
Tumbling retail sales are set to pile more pressure on Andrew Bailey and his colleagues at the Bank of England to cut ...
Bank of England interest rates forecast could mean huge boost for millions
The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the ...
Bank of England’s Taylor Sees Need for ‘Pre-Emptive’ Cuts to Lessen Recession Risk
Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy ...
London Evening Standard3d
Inflation rate dipped to 2.5% in December
However, it means the Consumer Prices Index (CPI) - the main measure of inflation - remains stubbornly above the Bank of England’s target of 2%. The Office for National Statistics (ONS ...
Bank of England's Taylor says it's time to cut interest rates
The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan ...
FXEmpire.com8d
Bank of England Pauses Rate Hikes Amid Economic, Inflation Concerns
Inflation Eases, Tesla Soars, and Goldman Sachs Leads Bank RallyWed, 15 Jan 2025 16:59:33 GMT Recent data paint a picture of a UK economy losing steam. GDP growth recorded a standstill in Q3 2023 ...
Employment, not prices, will shape Bank of England rates as tax rises bite
The good news is not expected to last as inflation creeps up in the coming months as the rise in employer’s national ...