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UK’s inflation recovery outlook still unclear as BOE Governor hints at rate cuts
Bank of England (BOE) Governor Andrew Bailey has reaffirmed that interest rates in the UK are set to move “gradually downwards,” even as the central bank faces a delicate balancing act between curbing ... Read More
Interest rates held at 4.25% but Bank of England hints at future cuts
Governor Andrew Bailey says "interest rates remain on a gradual downward path" but cautions "the world is highly unpredictable". Read More
Bank of England's Bailey Says Jobs Market Slowing but Inflation Outlook Uncertain
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Thursday that a recent pickup in inflation created more uncertainty about the medium-term picture for price growth but he also noted ... Read More
Bank of England's Bailey Says Inflation Is Slowing, 2025 Jump Will Not Last - U.S. News

But it also said inflation was likely to hit 3.7% later this year, almost double the BoE's 2% target, prompting the central bank to add the word "careful" to its message about a likely "gradual ... Read More
Bank of England Governor Bailey Says Risk of Persistent UK Inflation Is Receding - Bloomberg.com

Bank of England Governor Andrew Bailey said it is “too early to declare victory” over inflation but the risks of persistent inflation appear to be receding, a sign he’s growing more ... Read More
Bank of England cuts interest rates despite looming inflation bump - MSN

The Bank of England cut interest rates by 25 basis points on Thursday, even though rate-setters expect to see a significant rise in inflation over the coming year. Seven members of the Bank’s ... Read More
Interest rate rise: Bank of England more hopeful on UK economy

The head of the Bank of England has said he is "much more hopeful" for the UK economy, as interest rates were raised to their highest for 14 years. The decision to lift rates to 4.25% from 4% came ... Read More
Bank of England cuts interest rates to 4.25%, as governor welcomes US tariff deal news - BBC

At 12:02 BST, the Bank of England cut its base rate to 4.25%, from 4.5% The cut was expected, but the Bank's nine-person Monetary Policy Committee was divided Five voted for the cut to 4.25%, two ... Read More
Bank of England raises interest rates in bid to tame inflation | Business and Economy News - Al Jazeera

UK’s central bank hikes key interest rate to 1.75 percent, its highest level since 2008, and warns of recession ahead. The Bank of England predicts that inflation will reach more than 13 percent ... Read More
Bank of England governor defends rate hike ahead of looming recession - BBC

UK inflation - the rate at which prices rise - is currently at 9.4%, which is the highest level for more than 40 years. But the Bank has warned it could peak at more than 13% and stay at "very ... Read More
UK Inflation More Home-Grown, Says BOE Deputy Governor

UK inflation is becoming more “home-grown” and will be “challenging to squeeze out of the system,” according to Bank of England Deputy Governor Dave Ramsden.. Speaking in a Bloomberg TV ... Read More
Bank of England's Bailey says inflation is slowing, 2025 jump will not last | Reuters

Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing and an expected pick-up in price growth later this year was unlikely to embed longer-term ... Read More
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