Bank of England may be forced to prioritise growth in 2025 Economics Despite inflation continuing to be a headache for the Bank of England, leading it to hold interest rates today, the central bank may end up being forced to make more cuts than it would like in 2025 to salvage the UK economy. While today’s decision from Andrew Bailey’s Monetary Policy Committee to hold rates had [...]
Bank of England rate-setter warns Trump’s tariffs will damage growth Economics “Whether you are an economic historian, an economic theorist or a data-driven economist, the impact is clear in terms of its direction," she said.
Household demand ‘soft enough’ to cut interest rates, Bank of England’s Dhingra says Economics Swati Dhingra, widely seen as the most dovish member of the Monetary Policy Committee (MPC), said that "demand is soft enough" to prevent any resurgence in inflation even though wage pressures remain strong.