The August Bank of England decision is, perhaps, one of the toughest MPC decisions to forecast, with a high degree of conviction, in recent memory. Having...
Research from Newspage found that historically, pay growth has been a reliable indicator for services inflation. Wage growth estimates for the months ahead suggest services inflation...
Two months have elapsed without a word from Bank of England Governor Andrew Bailey, leaving financial markets and the public in a state of uncertainty. The...
This morning’s UK inflation figures will likely be of some concern to policymakers on the MPC, with continued signs of inflation remaining sticky within the UK...
The Office for National Statistics (ONS) data shows that inflation is unchanged and remains at 2%. Financial markets and some economists were expecting inflation to fall...
The institution warns that investors are overly fixated on positive economic news, causing asset prices to surge and increasing the risk of a “sharp correction” in...
The Bank of England’s Monetary Policy Committee sprang no surprises with today’s decision to hold Bank Rate steady for the seventh straight meeting, with such a...
The British pound is edging slightly lower after yesterday’s rebound, particularly against the US dollar, due to a stronger uptick in US bond yields. Despite today’s...
Despite the positive news that inflation has reached the 2% target the Bank of England is set to keep interest rates at 5.25%. In May the...
Taylor Swift’s record-breaking Eras Tour is significantly boosting consumer spending as it reaches the U.K., potentially complicating the Bank of England’s efforts to control inflation, CNBC...
The British pound continues to advance slightly against the US dollar for the third day in a row, by 0.03%, while the euro is still located...
A month ago, the June MPC meeting had been expected to herald the Bank of England’s first rate cut of the cycle. However, since the last...