inflation, Bank of England

UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations
The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.
Inflation rises above Bank of England target again - what it means for your money
Inflation shows how the price of goods and services has changed over time, with the Consumer Price Index (CPI) being the primary measure
Inflation soars back above Bank of England target in sharpest spike for two years
The Bank of England seeks to control inflation – the speed at which the cost of goods and services are rising – by raising and lowering the cost of borrowing via its base inte
Bank of England set to cut interest rates gradually amid inflation fears
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Inflation set to rise back above Bank of England’s 2% target
Inflation is set to rise back above the Bank of England’s target level when the latest figures are revealed on Wednesday, according to economists. The consumer prices index (CPI) measure of inflation fell to 1.7 per cent in September’s reading – its lowest level in three years – but experts predict October’s reading will be above 2 per cent.
UK inflation jumps to 2.3% in October, exceeding Bank of England’s target
The unexpected increase complicates expectations of another interest rate cut in December, following the Bank’s recent decision to reduce rates by 25bps.
BoE's Lombardelli worries over above-forecast inflation, backs gradual rate cuts
Bank of England Deputy Governor Clare Lombardelli said on Monday she was more worried about the risk that inflation comes in higher - not lower - than the central bank has forecast as she made the case for only gradual reductions in interest rates.
'Too early to declare victory on inflation,' warns Bank of England's deputy governor
Clare Lombardelli warned it was 'too early to declare victory on inflation' because the pace of wage growth was not slowing as much as expected.
Bank of England's Lombardelli says inflation could go above forecast
Deputy Bank of England Governor Clare Lombardelli said on Monday she was more worried about the risk that inflation comes in ...
Shock inflation rate rise kills hope of Christmas Bank of England base rate cut
The bigger than expected inflation rate rise in November – up from 1.7 per cent to 2.3 per cent – has killed hopes of a Bank ...
Higher energy bills push UK inflation to 6-month high in October
Inflation in the U.K. has risen sharply to a six-month high in October. It's an increase that's set to cement market ...
Inflation set to rebound after jump in energy bills
Data is expected to show a significant rebound in inflation in October after it dropped to a three-year low in the previous ...
Surging housing costs push inflation back above Bank of England target
Inflation rose faster than expected in October, which could prove to be a headache for the Bank of England and its interest ...
Bank of England's Mann sees inflation pressure keeping rates high
High inflation in Britain has not been vanquished and there is a risk that some drivers of price growth could be heading ...
Financial markets do not trust the BoE to deliver low inflation
On one level, the Bank of England has had a remarkably good inflation crisis. A year ago, the UK’s central bank expected ...
MoneyWeek13h
Shop price inflation jumps for first time in 17 months - here is what is means for interest rates
A 17-month-long run of falling shop inflation has come to an end, which has further dampened hopes of another interest rate ...