UK Economists Say Bank of England May Warn Against Rate Cut Bets
UK economists say the Bank of England may use this week’s interest rate decision to warn that borrowing costs must remain elevated well into 2024, a move to tamp down growing bets on a reduction by June.
Bank of England warns that higher rates 'have yet to come through' to an already weak economy
The Bank of England warned on Wednesday warned that although household finances are faring better than expected, higher borrowing costs have yet to feed through to the economy.
Bank of England to hold its line against rate cut talk
The Bank of England looks set to stick to its tough line against talk of interest rate cuts in Britain, even as other leading central banks signal that they might be approaching a turning point in their fight against inflation.
Interest rates ‘almost certain’ to be held steady by Bank of England
Bank rate-setters previously held rates in the September and November meetings after witnessing a notable cooling in the rate of inflation.
Bank of England, Fed and ECB poised to leave interest rates on hold
Stubbornly high inflation forces central banks to avoid cuts, but markets expect falls next year
Interest rates 'almost certain' to be held steady for third time in a row by Bank of England
The final Bank of England Monetary Policy Committee (MPC) meeting this year, on Thursday December 15, is expected to show a relatively stable end to a dramatic year for borrowing costs.The central bank had hiked interest rates - which help dictate mortgage rates set by banks - in 14 consecutive meetings until they peaked at 5.
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Central Bank Meetings Blunt European Bourses Midday
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Bank of England will review the risks that AI poses to UK financial stability
The Bank of England says it will make an assessment next year about the risks posed by artificial intelligence and machine ...
Public thinks inflation will still be too high in late 2028, Bank of England survey reveals
When asked what they expect the rate of inflation to be five years from now, respondents gave a median answer of 3.2% ...
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Bank of England needs reform, damning new report from lawmakers finds
A committee of lawmakers from the U.K.'s upper house of parliament said the Bank of England's expanded remit "risks drawing the Bank into the Government's wider policy agenda" and creating a ...
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Bank of England partners with FSB to tackle counterfeiting
The strategic partnership between the Bank of England and FSB will help protect small businesses as cash payments increase ...