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The Bank of England paused rate cuts at 4.25%, reflecting caution amid weakening UK growth and labor market data. Check out what investors need to know.
LONDON (Reuters) -Britain's recent increase in inflation could prove to be a longer-lasting plateau rather than a short-term hump and the Bank of England should be careful about reducing interest ...
The latest inflation data comes on the eve of a Bank of England decision on interest rates when they are expected to be left on hold at 4.25% ...
BoE’s Alan Taylor warns UK soft landing at risk as slowdown deepens; markets brace for five rate cuts amid rising uncertainty ...
The Labour government’s payroll tax is costing the UK jobs, depressing workers’ earnings and pushing up food prices, Bank of ...
Bank of England governor Andrew Bailey has indicated that interest rates are likely to continue their downward path, albeit cautiously, amid signs that Britain's labour market is softening. "The path ...
LONDON (Reuters) -British food prices accelerated by the most since March 2024 in June, pushing up overall shop prices rose ...
The escalating conflict in the Middle East is “deeply worrying”, a deputy governor of the Bank of England has warned after voting to keep interest rates on hold. Clare Lombardelli said the central ...
The head of the European Central Bank said inflation has become more unpredictable due to shocks like the Covid pandemic and ...
Retaining the inflation target would remove some uncertainty about the process and reassure market participants about policy ...