The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K.

The August inflation data is not weak enough to justify imminent cuts and we continue to expect the Bank of England to hold ...

The rate has been expected to stay at 5%, after the last decision in August saw interest rates cut for the first time since the pandemic.

For the last two years, the Bank of England has been underestimating the likely rate of inflation in the short term, say six-to-nine months ahead. The chart below shows what the Bank has forecast ...

Back in August, the BoE lowered the key policy rate by 25 basis points (bps) to 5.0% from 5.25%, with a 5-4 MPC vote in favor ...

Mr Bailey will strike an optimistic tone over the Bank of England’s attempts to tackle inflation. He will continue: “I think we are now seeing a revision down in our assessment of that ...

The Bank of England has left interest rates unchanged at 5%, but said it could reduce borrowing costs “gradually over time” ...

The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...

The Bank of England is set to announce its interest rate decision on Thursday, with market participants widely anticipating ...

The Bank of England "will have to act" over rising inflation, governor Andrew Bailey has warned, suggesting that UK interest rates may rise soon. However, he gave no indication of when the Bank ...

‘Easy does it’ was today's primary message from the Bank of England (BoE). Unlike the US Federal Reserve cutting rates by an outsized 50 basis points (bps) yesterday, the BoE is clearly in no rush to ...

which would likely weigh on the near-term outlook for the British economy and put downward pressure on inflation. Luke Bartholomew, deputy chief economist at abrdn, formerly Aberdeen Asset Management, ...