The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by ...
Alan Taylor, the most recently appointed member of the Bank’s monetary policy committee (MPC) said the UK is ‘in the last half mile on inflation’.
BENGALURU (Reuters) - The Bank of England will cut interest rates ... Inflation as measured by the consumer price index (CPI) was forecast to average 2.5% this year and 2.1% next.
Today’s Consumer Prices Index (CPI) from the Office for National Statistics leaves tomorrow’s Bank Rate decision from the Bank of England in the balance. A rise in the annual inflation figure ...
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and ...
The Office for National Statistics (ONS) said the Consumer Price ... it moves around a lot, the Bank of England says it is hard for businesses to set the right prices and for people to plan ...
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but they added that risks to inflation are to the upside, ...