Bank of England rate-setter Ramsden ‘more confident’ inflation pressures receding April 19, 2024 Dave Ramsden, one of the nine Monetary Policy Committee (MPC) members, told an audience in Washington that he was now "more confident" that inflationary pressures were receding.
Why the Bank of England might be wary of cutting interest rates before the Fed April 18, 2024 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.
Wage growth hotter than expected but unemployment rises in headache for Bank of England April 16, 2024 Wages are closely monitored by the Bank of England for signs of how its campaign of interest rate hikes are impacting the wider economy.
New borrowing slows as Bank of England’s rate hikes take effect August 30, 2023 Consumer borrowing increased at a slower rate than expected last month as the Bank of England’s interest rate hikes hit demand for new loans. Bank of England figures out this morning showed that the monthly increase in consumer credit was £1.2bn, £400m less than the £1.6bn increase seen in June. Although borrowing on credit cards [...]
Transitory? UK inflation can’t be explained away by Bank of England’s easy answers February 20, 2024 Last week new figures on the UK economy suggested that something unusual is happening - inflation and unemployment are falling at the same time.
The Bank of England must put privacy and innovation at the heart of the digital pound November 25, 2023 Without being forward thinking, the Bank of England will fail to position the UK as the global hub for digital assets, says Varun Patel.
Mortgages, real estate and government debt: Three things that worry the Bank of England March 27, 2024 The FPC, which was established in 2013, monitors financial stability risks and tries to prevent those risks developing into threats to wider UK financial stability.
Bank of England’s Huw Pill says interest rates unlikely to return to zero November 7, 2023 Interest rates are unlikely to return to the ultra-low levels seen during the 2010s, according to the Bank of England's chief economist Huw Pill.
Bank of England: Interest rate cuts are ‘in play’ as inflation falls, Bailey says March 22, 2024 Could the Bank of England cut rates interest rates sooner than expected?
Fed holds interest rates – but warns on inflation – ahead of Bank of England decision March 21, 2024 The Fed's decision comes as markets grow increasingly nervy about the persistence of inflation after two consecutive overshoots.