Tag: Central bank
Inflation Drops Below 2% Target for First Time in Three Years
UK inflation has fallen below the 2 per cent target for the first time in over three years, according to the Office for National Statistics. The consumer price index (CPI) dropped to 1.7 per...
London stocks surge as Bank of England slashes interest rates: Impact on FTSE 100...
London stocks experienced a significant surge today after the Bank of England made the decision to slash interest rates. The FTSE 100 saw a notable increase, while the pound sterling also reacted to the...