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.
UK economy readings underscore Bank of England's dilemma
A flurry of often contradictory UK economic data and surveys this week has left the Bank of England none the wiser about whether Britain's economy is more at risk of a wave of job losses or a new ...
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 ...
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Bank of England is squeezing small banks too hard
If it all comes unstuck, they get hauled over the coals. Spare a thought, then, for the Bank of England and its Prudential Regulation Authority, currently under pressure to cut red tape.
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 ...