although the Bank of England still expects inflation to peak at around 3.7% in September this year. The OBR has forecast that inflation will slow significantly in 2026 to 2.1% – below its ...

LONDON (Reuters) - The Bank of England is expected to lower interest rates by a quarter point on May 8 as U.S. President ...

The governor of the Bank of England saying we should “take very ... a similar downward move by the Office for Budgetary Responsibility (OBR), which has also cut its forecast, but from 2 per ...

April 12 (Reuters) - Bank of England interest rate-setter Megan Greene said on Saturday it was unclear what U.S. President Donald Trump's import tariffs would do to UK inflation with the ...

Annual inflation eased for a second month in a row in the U.K., teeing up a new cut to interest rates as policymakers grow increasingly worried about the economic hit from U.S. President Trump’s ...

A former Bank of England rate-setter has suggested that high inflation levels call for interest rates to be held at 4.5 per cent in May. The majority of investors and analysts are expecting the Bank ...

It represents a significant increase against the OBR’s previous forecast of 2.6%. Earlier on Wednesday, the Office for National Statistics (ONS) revealed that inflation slowed to 2.8% in February, ...