The Bank of England 's governor last night forecast another big drop in inflation after it fell to the lowest level since September 2021.
Andrew Bailey says inflation is in line with BoE forecasts but view of markets is that data will delay interest rate cutsAnalysis: Sunak hopes of pre-election rate cuts frustratedThe governor of the Bank of England, Andrew Bailey, has shrugged off a smaller-than-expected drop in inflation last month, saying he expected a sharp fall towards the government’s 2% target next month.Speaking in Washington after news that the government’s preferred measure of the cost of living had eased to 3.2% in...
It came hours after the IMF unveiled new forecasts predicting that the UK
Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned.]]>
Markets think the Bank of England will cut interest rates just twice in 2024 reflecting concerns around the persistence of inflation.
The Bank of England announced an overhaul of its inflation forecasting models after a long-awaited review by former Fed Chair Ben Bernanke.
Former PM ordered furniture for Downing Street but was forced to resign before it arrived
UK fans estimated to have lost over £1 million since tickets went on sale and thousands have fallen victim, losing an average of £332 each.
More than £1 million could already have been lost in the UK to fraudsters pretending to offer Taylor Swift concert tickets, Lloyds has warned.
David Koch, the former host of Sunrise who is now Compare the Market's economic director, has issued a warning to mortgage holders tempted by the prospect of a lower home loan rate.
In March, Romania had an inflation calculated according to the European methodology, based on the harmonized index of consumer prices, of 6.7% – the highest in the EU, much higher than that of Croatia (second place, with 4.9% inflation) , according to the Minutes of the monetary policy meeting of the National Bank of Romania […]
The latest inflation figures reflect a long-term downward trend in consumer prices.