The Bank of England has cut interest rates to 4.5% - but warned households to brace themselves for higher inflation. Andrew Bailey, the Bank’s Governor, said it would take a “gradual and ...
Even as inflation has dropped substantially from its double-digit highs just a couple of years ago, the Bank of England has been particularly cautious in easing monetary policy. Last year ...
Bank of England's chief economist Huw Pill has attempted to ease worries about the anticipated rise in inflation, dismissing its causes as "largely mechanical". Despite predictions that inflation ...
Women trust the Bank of England less than men – as they feel the effects of inflation first, a study has found. They tend to do the weekly food shop so notice rising prices sooner, it showed.
The Bank of England has cut interest rates to 4.5%, but painted a gloomy picture for the UK economy by halving its growth forecast for this year and predicting a surge in inflation. Policymakers ...
Good news if you’ve got a mortgage. Not so good for true believers in the Bank of England’s inflation target. In cutting interest rates last week, the Bank of England seemed to ignore its own ...
Senior economists at the Bank of England will announce later on Thursday ... Hikes in recent years, designed to combat skyrocketing inflation, have left mortgage rates much higher than was normal ...
The Bank of England (BoE) is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following lower-than-expected inflation figures for December but ongoing concerns about ...