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...
The Bank of England 's governor last night forecast another big drop in inflation after it fell to the lowest level since September 2021.
Former PM ordered furniture for Downing Street but was forced to resign before it arrived
We start the new week with a weather aware day. Our next system will set up
Now that snow has mostly left New England, it’s time to prep for a different kind of severe weather.
It came hours after the IMF unveiled new forecasts predicting that the UK
The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.
The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
Under-investment had led to a "complicated and unwieldy system" being used,
The Bank of England will on Friday publish a long-awaited review by former Federal Reserve Chair Ben Bernanke that could lead to significant changes in its policymaking.
Starting salary inflation for permanent roles increased at its weakest rate in over three years, according to KPMG and the Recruitment and Employment Confederation's (REC) report on jobs.
HOPES are fading that the Bank of England will soon lower rates and take the pressure off squeezed Brits. Megan Greene, one of the Bank’s rate-setters, yesterday said that interest rate cuts “shoul