UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster ...
The Bank of England's rate cut challenge: stumbling growth and stubborn inflation
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...
Slowing Inflation Strengthens Calls For Bank Of England Rate Cuts
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by ...
The Economic Times on MSN11d
Charting the Global Economy: Inflation Cools in US and UK
Measures of inflation eased in the US and UK last month, propping up bond prices after deep selloffs and bolstering bets on ...
Opinion
Relief in the City: the new inflation rate means the BoE could cut rates as soon as next month
The City was braced for a 3 per cent inflation rise so 2.5 per cent comes as something of a relief. And with cuts floated for the next few months, might Chancellor Rachel Reeves finally be in for a ...
Bournemouth Daily Echo on MSN15d
UK inflation unexpectedly falls to 2.5% in December
Consumer Price Index (CPI) rose by 2.5% in the 12 months to December 2024, down from 2.6% in November 2024. Former Bank of England policymaker Michael Saunders said Downing Street will be breathing a ...
UK inflation unexpectedly drops in December, easing pressure in bond markets
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...
BBC2mon
UK inflation rate: How quickly are prices rising?
It means inflation has been above the Bank ... monitors price changes over the previous 12 months to calculate inflation. The main inflation measure is called the Consumer Prices Index (CPI ...