BANK OF ENGLAND MONETARY POLICY SUMMARY, DECEMBER 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the 2 ...
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services ...
For most of the UK’s inflation shock over the past two years, Bank of England policy reacted to swings in wage and prices ...
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services ...
Economists and traders now expect that February may see the next rate cut, although it could be even later next year.
On Thursday, the Bank of England held interest rates at 4.75 percent. A day earlier, data showed that inflation accelerated to 2.6 percent in November, from 2.3 percent the previous month ...
Wall Street loves lower interest rates because they give the economy a boost, but they can also provide fuel for inflation. Closer to home, the FTSE 100 fell 1.2pc after the Bank of England paused ...