#bank-of-england

#bank-of-england

The strength of the dollar is supported by the Fed's cautious stance on inflation forecasts and strong U.S. economic data. [ more ]

UK inflation rate dropped to 3.2% due to slowing food price rises, with expectations of Bank of England interest rate cut. [ more ]

Britain's inflation rate dips to a three-year low at 2.3%, nearing the Bank of England's 2% target. [ more ]

UK inflation may drop close to Bank of England's 2% target, influencing potential interest rate cuts in response to lower figures. [ more ]

A potential interest rate cut by Bank of England this summer is plausible. [ more ]

Homeowners face continued mortgage pain following the Bank of England's decision to keep interest rates high. [ more ]

UK CPI data rose above expectations, indicating stickier price pressures, potentially impacting Bank of England's rate cut decision. [ more ]

Jacob Rees-Mogg criticizes Bank of England for incompetence in handling inflation and bond-selling strategies, as Tories question Bank's independence. [ more ]

The review by Ben Bernanke suggests significant changes in the Bank of England's forecasting processes.

Recommendations may include publishing future interest rate path forecasts, increased use of economic scenarios, and a shift to staff-produced economic forecasts. [ more ]

Inflation in the UK remained at 4%, lower than economists' forecasts

Food prices fell for the first time in almost two-and-a-half years [ more ]

Several major lenders have announced increases in mortgage rates after a decline in borrowing costs.

Some lenders have reduced mortgage rates amidst the rate increases by others. [ more ]

Inflation unexpectedly rose to 4 percent in December, despite expectations of a small drop.

Rises in tobacco and alcohol prices were the chief cause of the increase in inflation. [ more ]

Bank of England's Andrew Bailey to address Treasury Committee on inflation rate and possible interest rate cuts.

UK's major banks to report record profits for 2023 after benefiting from higher borrowing costs. [ more ]

Expectation of an interest rate cut this summer by the Bank of England's top economist. [ more ]

The UK's economy grew by 0.6% in the first quarter of the year, officially out of recession [ more ]

The Shadow Monetary Policy Committee calls for a substantial and immediate interest rate cut by the Bank of England to prevent a recession. [ more ]

Labour aims to prioritize fighting global heating with the Bank of England's support

Labour intends to put environmental sustainability at the core of economic growth plans [ more ]

Britain's small recession may be over, according to Bank of England boss

Weak recession since 1970s, with signs of economic upturn despite recent downturn [ more ]

New banknotes with King Charles portrait to be released on June 5.

Queen Elizabeth II banknotes to remain in circulation alongside King Charles notes. [ more ]

The Bank of England Museum is offering a sneak preview of the new King Charles III banknotes before they enter circulation.

The exhibition called 'The Future of Money' will explore futuristic topics around money and payment systems, and will feature the first public display of the new banknotes. [ more ]