As we approach the end of 2024, the economic news does not look good. The economy is assessed as having flatlined (zero GDP ...
Annual price increases have accelerated for two consecutive months, pushing inflation above the Bank of England’s 2% target ...
Interest rates are expected to rise in the new year and mortgage borrowers who are coming to the end of a fixed-rate deal may ...
Move to ease tight monetary policies of previous 2 years came as more central banks felt their 2% inflation targets could be ...
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Investors had been expecting a continued normalisation of interest rates and inflation next year. The committee’s “dot plot” ...
In response the rate-setting panel, which last cut its key rate in November, is taking a cautious stance because lower borrowing costs could potentially stoke inflation even further. The U.K.'s ...
For most of the UK’s inflation shock over the past two years, Bank of England policy reacted to swings in wage and prices ...
The cautious BoE, which had cut rates in August and November, responded to a pick-up in wages and prices last month, suggesting inflation might not be fully back in its box. The Bank of England ...
A plan by the US president-elect Donald Trump to slap tariffs on imports from China and other nations would heavily affect ...
The dollar rebounded while the euro dipped on Monday, as market moves were being dictated by recent global central bank ...
The Bank of England has slashed its forecast for growth at the end of the year warning that GDP will stagnate following the ...