Bank of England left with tough choice on interest rate after week of fresh data

@cityam— Most of this week has been dominated by discussions about when the Bank of England will start cutting interest rates.

@Marketplace—Could the Fed cut interest rates based on this week’s economic data?. The Federal Reserve will be watching jobs and unemployment numbers, as well as a manufacturing index and other private sector reports.

CNBC—Here's what 12 European Central Bank members said about interest rates this week. The ECB has become "the central bank to be followed," one central bank governor said.

The Guardian—Bank of England’s chief economist dampens hopes of summer interest rates cut. Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last monthThe prospects of a summer cut in UK interest rates have receded after the Bank of England’s chief economist said inflation must be squeezed out of the economy and cautioned against cutting too soon.After a key survey signalled strong sales across the private sector over the past month and the London stock market rose to a record high, Huw Pill said concerns remained that inflation, which is...