Two of the Bank of England’s most ardent hawks withdrew their support for interest rate hikes, as the UK’s central bank voted for a fifth-straight meeting to keep policy unchanged. Catherine ...
LONDON: Two Bank of England (BoE) officials moved to reinforce signals of an imminent rise in United Kingdom interest rates to curb inflation, with one telling households to brace for a ...
After the last rate increase by the BoE's monetary policy committee handed down in May, the benchmark interest rate is now 4.5%. After recording some unwelcome inflation and wage growth ...
Banks have been revelling in the BoE’s sharp rate hikes, but today’s 25 basis point hike – which brings interest rates to 4.5 per cent – is unlikely to improve banks’ bottom line ...
Risk of declining consumption, house price falls and defaults as tighter policy finally has impact ...
Simply sign up to the UK inflation myFT Digest -- delivered directly to your inbox. The Bank of England interest rate cuts should be “a long way off”, one of the central bank’s most hawkish ...
The Federal Reserve Chair Jerome Powell said this week during his speech that recent high inflation readings had not changed much the narrative of easing and the central bank stayed on track for ...
Regardless of the size of the hike, the BoE has a lot more work to do to bring inflation back to target. UK inflation surprised (slightly) to the downside on Wednesday, with headline CPI falling ...
The Bank of England (BoE) Monetary Policy Committee (MPC) will announce its latest policy decision on Thursday. There are very strong expectations that rates will be held at 5.25%. According to ...
WAGES are rising for millions of workers new figures reveal. Growth in regular pay, excluding bonuses, was 6% in the three ...
A much-longed-for cut to interest rates in June is looking less likely after new inflation data showed prices were not ...
The once-unthinkable scenario of no interest-rate cuts by the Federal Reserve in 2024 is now giving way to another ...