UK economy fails to behave itself at start of Rishi Sunak’s re-election bid Economics Rishi Sunak has made an improving economy a central part of his election pitch, but in truth these were not the figures he would have wanted to see at the beginning of an election campaign.
Haldane: Bank of England only ‘six months late’ if it starts cutting rates in June Economics Speaking on LBC, Andy Haldane, the Bank's former chief economist, said "they (the Bank) should have been cutting from around January."
Could the Bank of England still cut rates in June after poor inflation figures? UK Economy Although Rishi Sunak jumped on the airwaves to proclaim inflation was "back to normal", markets seemed less convinced.
Inflation ahead of expectations in blow for June interest rate cut hopes May 22, 2024 At the Bank of England's last meeting earlier this month, policymakers confirmed that they were considering cutting interest rates.
Bank of England deputy governor Broadbent says summer interest rate cut ‘possible’ May 20, 2024 The Bank judges that the unwinding of the inflationary shock is likely to be "asymmetric", taking longer to unwind than it did to emerge.
Inflation set to return to two per cent target in boost for Bank of England May 19, 2024 The latest UK inflation reading could show a notable fall when it's published this week.
Labour hoarding makes life difficult for Bank of England, rate-setter says May 16, 2024 Labour hoarding since the pandemic has helped fuel inflation and could mean rates have to remain high, a Bank of England policymaker said.
Bernanke: Inflation was ‘unavoidable’ but the Bank of England needs to change May 15, 2024 The surge in inflation seen over the past few years was "unavoidable," Ben Bernanke said today, as he outlined ways in which the Bank of England could navigate future uncertainty.
Does hot wage growth derail hopes of a June interest rate cut? May 14, 2024 The first round of labour market figures was released this morning and it leaves policymakers in a bit of a bind.
Bank of England’s Pill: Summer interest rate cuts ‘not unreasonable’ but ‘still some work to do’ May 14, 2024 Speaking at an event run by the Institute of Chartered Accountants in England and Wales (ICAEW), Pill stressed that the Bank's focus would be on the persistent components of inflation in the weeks ahead.