Dovish BoE officials cut rates in the face of hawkish forecasts
The BoE’s forecasts suggest it will only cut rates two more times over the next three years on the back of higher inflation and weaker underlying growth capacity. The 7-to-2 vote to cut rates with a bias towards a larger cut suggests MPC members do not accept the hawkish message in the forecasts.
Bank of England Chief Economist Huw Pill said on Friday that an expected rise in inflation this year would probably not lead ...
Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a ...
The Bank of England is set to join a growing number of central banks that are pressing ahead with cuts to their key interest ...
Bank of England Governor Andrew Bailey and other senior officials are due to hold a press conference at 1230 GMT.
South Carolina BOE votes to remove four books, marking 11 books total. “This look is all about American exceptionalism,” she ...
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
Over half of firms contacted in the DMP survey expected to cut staff and 38% thought they would pay lower wages due to the ...
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