Bank of England warns ‘higher inflation unavoidable’ after holding interest rates

Governor says decision to keep rates at 3.75% reasonable given unpredictability of events unfolding in Middle East ...
Al Jazeera English

Bank of England delivers biggest interest rate hike in 33 years

The United Kingdom’s central bank has warned that the country faces a long and painful recession after announcing its biggest interest rate hike in more than 30 years in a bid to fight soaring ...

Bank of England does not need to hike interest rates, says IMF — it may even need to cut

The Bank of England is expected to hold and even potentially hike interest rates this year in response to resurgent inflation ...

Interest rates held at 3.75% as Bank of England hints of future rises over Iran war

The BoE’s chief economist voted in favour of a rise but other rate-setters say the Bank should wait to see the extent of ...
Opinion

Britain’s politicians need to worry less about the bond markets – and more about the Bank of England

A new model of central banking would weaken the power of bond vigilantes – and help progressive politicians pay for transformative change, says academic Daniela Gabor ...

Bank of England holds rates, warns of inflation threat from Iran war

By William Schomberg, David Milliken and Suban Abdulla LONDON, April 30 (Reuters) - The Bank of England kept interest rates ...

UK interest rates held – but Bank of England warns inflation could surge above 6%

Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', ...
Decrypt

Bank of England, FCA Set Out ‘Shared Vision’ for Tokenization

The UK’s central bank and financial regulator have launched a joint Call for Input as tokenization moves from “pilots to ...
AOL

Bank of England must plan for a financial crisis triggered by aliens, says former policy expert

The UK must plan for a financial crisis that would be triggered if the US government announces that aliens exist, a former Bank of England expert has said. Ms McCaw, who worked for the Bank of England ...
Opinion

The Bank of England risks making a grave error on interest rates

Andrew Bailey has spent his time as Governor of the Bank of England in almost permanent crisis mode. From Covid to the cost of living crisis, Bailey has had to steer the countrys ...