Consumer price index Bank of England

Bank of England, inflation and key interest rate

UK inflation spikes to a 10-month high, likely to worry the Bank of England

Inflation in the U.K. rose to a 10-month high in January, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England.

The Wall Street Journal on MSN · 23h

U.K. Inflation Reaches 10-Month High, Complicating Bank of England’s Rate Path

Consumer prices were 3% higher in January than a year earlier, up from 2.5% in December, complicating the picture for the BOE after it said it would cut interest rates gradually.

NHK · 13d

Bank of England cuts key rate to 4.5% as growth stalls

The Bank of England has lowered its key interest rate by 0.25 percentage points as the UK economy shows signs of stagnation.

PA Media on MSN · 21h

Inflation jumps to 10-month high, knocking chance of early interest rate cut

UK inflation jumped more sharply than expected at the start of the year, posing a dilemma for the Bank of England as it considers further interest rate cuts amid weak economic growth. The Office for National Statistics (ONS) said on Wednesday that Consumer Prices Index (CPI) inflation rose to 3% in January from 2.

21h

Treasury warns of 'bumpy' road to lower inflation after unexpected jump to 3%

Chancellor Rachel Reeves says she is working to "deliver economic growth" - but the Lib Dems criticise her "misguided ...

Forbes13d

Bank Of England Delivers Boost With Widely-Expected Reduction In Bank Rate To 4.5%

Today’s Consumer Prices Index (CPI) from the Office for National Statistics leaves tomorrow’s Bank Rate decision from the Bank of England in the balance. A rise in the annual inflation ...

1don MSN

Rate of inflation jumps to 3% in January in bigger than expected rise

The rate of inflation jumped to 3% last month in the blow to hopes of early further interest rate cuts. The Office for ...

i17h

Interest rates could stay higher for longer after inflation jump

The speed and scale of future interest rate cuts from the Bank of England is in doubt after inflation rose to a higher than ...

As inflation returns, economists are pointing the finger at Reeves

Economists believe consumer costs will keep rising for the rest of this year. While most of this is likely to be driven by ...

13don MSN

Bank of England cuts key interest rate as pound drops and stocks rally

The Bank of England cut its base rate to 4.5% amid easing inflation but flagged lingering risks. GDP growth remains weak, and ...

Reuters9d

Bank of England's Mann sees consumer pricing near target in year ahead, FT reports

Feb 11 (Reuters) - Bank of England policymaker Catherine Mann said companies will struggle to raise prices this year as consumers are hit by job losses and spending softens, the Financial Times ...

Wage growth rises again as firms plot job cuts ahead of tax hike

AVERAGE earnings have grown for the third consecutive month, new data shows. Average weekly earnings, excluding bonuses, rose ...

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