Bank of England still on track to cut interest rates despite surging wages
"Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey said at an event in Brussels.
Bank of England still likely to cut rates despite surging wages, says Bailey
Andrew Bailey said the Bank of England was likely still on track to cut interest rates again this year despite surging pay growth and an anticipated increase in inflation.
Chancellor Rachel Reeves faces fresh headache over CV error on Bank of England stint
Chancellor Rachel Reeves is facing a fresh headache over her online CV after an administrative error made it seem she worked ...
Bank of England must take more action to kick-start UK growth, says ALEX BRUMMER
Latest forecasts from the Office for Budget Responsibility (OBR) are thought to show that almost all the headroom has been ...
Bank of England may lower interest rates due to Trump tariffs
Rate-setters are almost certain to cut rates from 4.75% to 4.5% at Thursday's Monetary Policy Committee (MPC) meeting ...
Bank of England launches tool to calm gilt market in times of distress
The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods of turbulence in Britain's government bond market.
Trump’s trade war adds to ‘clear decoupling’ on central bank rate cuts
The Bank of England is expected to follow Eurozone and Canadian counterparts by cutting while the Federal Reserve holds ...