The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the pound threatening to add to resurgent price pressures.
It's a sign of a more cautious approach as the Federal Reserve seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.
The US investment bank slashed its growth forecasts on Monday, citing both the lingering impact of the Bank's monetary tightening and the fallout from the Budget.
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Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfort
The U.S. Fed signalled a more cautious approach as the it seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last half mile on inflation' and called for a pre-emptive cut
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and anaemic economic growth.
Tumbling retail sales are set to pile more pressure on Andrew Bailey and his colleagues at the Bank of England to cut interest rates further and faster...
Growth in private sector earnings was stronger than for public sector jobs. Despite a risk of higher wages pushing up inflation, the Bank of England is still expected to cut interest rates next month. Rates are currently at 4.75%, but traders have bet on a ...
Good morning. The Bank of Japan raises its interest rate to the highest level in 17 years. Inflation concerns may be making a comeback in the euro area. And the rise of women’s soccer in England is hiding a financial struggle.