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The central bank's chief economist Huw Pill (pictured) said he was still worried about stubbornly above-target inflation.
While the good news is that the ONS will start using scanner data from March next year, the bad news is that inflation has again been overestimated in the UK. For more on this read my colleague Louis ...
LONDON (Reuters) -Bank of England Chief Economist Huw Pill said on Tuesday that he was worried that inflation in Britain ...
The Bank of England cut interest rates on Thursday to tackle the expected hit from U.S. President Donald Trump's tariffs but ...
Ahead of the Bank of England's announcement today, Thursday, the GBP/USD currency pair is attempting to maintain its upward ...
The decision in favour of a cut was clear on the committee. Two members of the MPC — Alan Taylor and Swati Dhingra — voted ...
The Bank of England ... to activity and inflation, albeit with 'significant uncertainties'.” The committee says it remains focused on returning CPI inflation sustainably to target (2%) in ...
The governor of the Bank of England (BoE), Andrew Bailey, has reaffirmed the central bank's “unwavering” commitment to reducing inflation to its 2% target, as he admits that these have been hard times ...
Bank of England Deputy Governor Clare Lombardelli said on Monday that there were signs that inflation pressures in Britain ...
The rate cut comes despite expectations that inflation will rise further above the bank's 2% target over coming months, from the current 2.6% as a result of a raft of price increases in April ...
LONDON (Reuters) -The Bank of England is poised to extend its slow run of interest rate cuts on Thursday with investors ...