Category: Monetary policy committee

Bank of England says it could lower interest rates faster than expected, but June cut isn’t ‘fait accompli’ – business live

Bank of England governor Andrew Bailey is briefing reporters after BoE left UK interest rates on hold again in a dramatic 7-2 splitThe pound is slightly lower this morning, dipping by a quarter of a cent to $1.2472 against the...

Read More

Bank of England governor shrugs off smaller-than-expected fall in inflation

Andrew Bailey says inflation is in line with BoE forecasts but markets view data as pushing back interest rate cutsAnalysis: Sunak hopes of pre-election rate cuts frustratedThe Bank of England governor, Andrew Bailey, has...

Read More

Bank of England governor dampens hopes of interest rate cut

Andrew Bailey says cost of living had been higher than expected in December despite ‘encouraging’ inflation newsUK households face battle to regain former living standardsWhich goods and services have changed most in...

Read More

Bank of England warns of recession risk in run-up to expected election next year

Interest rates left unchanged at 5.25% as Bank signals 50-50 chance of recession by summerBoE warns of recession risk in election run-upBusiness live – latest updatesUK politics live – latest updatesThe Bank of...

Read More

UK borrowing costs soar above levels of Liz Truss premiership

Stronger than expected job and pay data makes interest rate rise more likely, driving up two-year bond yieldsAnalysis: Don’t rule out half-point interest rate riseBusiness live – latest updatesUK government borrowing...

Read More
Loading

Breaking News

prev next