Bank of England should take ‘measured approach’ to interest rate cuts after balanced survey September 5, 2024 The Bank of England’s survey covers prices charged across the whole economy, not just in consumer-facing firms.
Let’s be honest, inflation is down and the Bank of England could create a recession November 16, 2023 The Bank of England is now at risk of overcorrecting after ignoring monetary policy for far too long, writes Matthew Lesh
Inflation drops below five per cent in boost for Bank of England and Sunak November 15, 2023 Although the Bank of England has left interest rates on hold for two consecutive meetings, members of the MPC have been warning that more needs to be done to tackle inflation.
UK economy continues to ‘skirt with recession’ due to Bank of England’s interest rate hikes October 24, 2023 The UK economy is teetering on the edge of a recession under the weight of higher borrowing costs, a closely watched survey suggests.
Bank of England risks being ‘too slow’ in cutting interest rates, Haldane warns February 12, 2024 The Bank of England's former chief economist said today that he would have already voted to cut interest rates given the UK's slow growth rate and progress on taming inflation.
Bank of England to start cutting interest rates in May with inflation on its way to target February 12, 2024 Andrew Bailey, the Bank's governor, noted the "good news" on inflation while Huw Pill, the Bank's chief economist, suggested rate cuts were a "when rather than an if".
Bank of England tells insurers to brace for persistent ‘claims inflation’ June 23, 2023 Insurers must rigorously assess the impact on their solvency of the rising cost of settling car, property and other claims and ensure they have sufficient reserves, the Bank of England told the sector on Friday.
Bank of England to cut interest rates in May as inflation forecast to undershoot target by summer February 7, 2024 Falling energy prices will push the headline rate of inflation below the two per cent target early this year, according to the National Institute of Economic and Social Research (NIESR).
It was do or die for Andrew Bailey and the Bank of England – in the end, there was no choice June 23, 2023 When it came down to it, there was no choice. Inflation stuck at just below nine per cent. Unforgiving buried price pressures. Businesses rebuilding profits. Workers with no choice but to demand more money. These are the characteristics of an economy stuck in stagflation. The Bank of England had to take drastic measures. Yesterday’s interest [...]
Bank of England should become more like the Fed to stem bond losses, Barclays says July 2, 2024 The Treasury is having to shoulder heavy losses from QE, which is attracting a lot of political attention given the parlous state of the public finances.