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Inflation, BoE
UK inflation steady at 2.2% in August, services sector prices rise
UK inflation remains at 2.2% in August, with services sector inflation rising to 5.6%. Bank of England faces complex decision on interest rates amid persistent price pressures and economic challenges.
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a sustainable way.
UK inflation holds at 2.2% but services prices keep BoE on alert
British inflation held steady in August but sped up in the services sector which is closely watched by the Bank of England, data showed on Wednesday, adding to bets that the central bank will keep interest rates on hold on Thursday.
16h
Bank of England Holds Rates Steady but Signals Gradual Easing
The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.
14h
Pound reaches 30-month high after Bank of England pauses while Fed slashes rates
The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...
15h
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...
11h
Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
13h
Why The Bank Of England Won't Diverge From The Fed For Long
The Bank of England may have got a head-start on the Federal Reserve, but the tone from UK policymakers is still much more ...
1d
on MSN
The Bank of England is widely expected to hold interest rates as inflation stays above target
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K.
14h
on MSN
UK interest rates an outlier after decision to hold but Bank of England forecasts inflation rise to 2.5%
The decision to hold rates was not unanimous with one member of the Bank's rate-setting Monetary Policy Committee voting for ...
16h
UK inflation rate: How quickly are prices rising?
Prices in the UK went up by 2.2% in the 12 months to August, the same rate as in the year to July. The Bank of England has a ...
18h
on MSN
Bank of England widely expected to hold interest rates despite big US Fed cut
The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S.
MoneyWeek
3d
Keeping up with the Bank of England – how rates and inflation impact your finances
Ignorance is not bliss when it comes to your personal finances. Here’s why you should follow what the Bank of England is up ...
1d
on MSN
Sterling rises after UK inflation data and ahead of Fed
The British pound rose against the dollar on Wednesday after UK inflation data boosted the market view that the Bank of ...
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