Tag: Monetary policy
Inflation Surges Above Bank of England Target in Sharp 2-Year Spike
Inflation has risen above the Bank of England's 2 percent target, causing the cost of living to increase rapidly. After hitting a 41-year high of 11.1 percent in 2022, consumer price inflation (CPI) dropped...
UK Inflation Increases to 2.3%, Heightening Calls for Interest Rate Cut Delay
In October, the UK saw an increase in inflation to 2.3%, creating more pressure on the Bank of England to delay any further interest rate cuts until next year. The Office for National Statistics...
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...
Potential Impact of Wage Growth on Inflation Predicted by BoE Policymaker
Catherine Mann, a member of the Bank of England's Monetary Policy Committee (MPC), recently expressed concerns about the potential impact of wage growth on inflation in the UK. She warned against being complacent about...
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...
Fed Signals Upcoming Interest Rate Cuts
The US Federal Reserve decided to keep interest rates steady for the eighth meeting in a row, but hinted that rate cuts could be on the horizon. This decision was expected by investors and...