Bank of England News

BoE's Greene Warns: Slack in UK Labor Market Grows Amid Stubborn Wage Growth

Bank of England's Megan Greene discusses the growing slack in the UK labor market and persistent wage growth, alongside concerns over inflation expectations and supply weaknesses.

BoE's Megan Greene Warns of Unexplained Wage Growth Amid Labor Market Slack

Bank of England's Megan Greene discusses the paradox of increasing labor market slack yet unexplained high wage growth, alongside concerns over inflation expectations and the impac...

BoE's Megan Greene Warns of Labor Market Slack Amid Persistent Wage Growth Concerns

Megan Greene of the BoE discusses the slack in the UK labor market and persistent high wage growth, alongside concerns over inflation and weak supply. US tariffs may disinflate the...

Bank of England Holds Steady: Interest Rates Remain at 4.5% Amid Economic Uncertainties

The Bank of England has decided to keep the interest rate unchanged at 4.5%, citing ongoing economic uncertainties and challenges in meeting the inflation target. Despite progress ...

Bank of England Expected to Maintain Interest Rates at 4.5% Amid Economic Uncertainty

The Bank of England is expected to maintain interest rates at 4.5% amidst economic uncertainty and fluctuating inflation. Recent data shows UK inflation rose to 3% in January, with...

Bank of England's Bailey Suggests Diminished Risk of Second-Round Inflation Effects Amid Economic Slowdown

Bank of England Governor Andrew Bailey discusses the reduced likelihood of second-round inflation effects due to the UK's economic slowdown, highlighting energy and food prices as ...

BoE Governor Bailey Suggests Diminished Risk of Second-Round Inflation Effects Amid Economic Slowdown

Bank of England Governor Andrew Bailey discusses the reduced likelihood of second-round inflation effects due to the UK's economic slowdown, attributing inflation to energy and foo...

BoE's Huw Pill Warns of Inflation Blip's Potential Second-Round Effects

Bank of England's Chief Economist Huw Pill highlights the need for vigilance against potential second-round effects of an expected inflation uptick, stressing the importance of res...

Bank of England Economist Warns of Inflation Risks and Second-Round Effects

Bank of England Chief Economist Huw Pill calls for vigilance against inflation risks and second-round effects, emphasizing the need for a cautious monetary policy approach amidst r...

Bank of England's Pill Warns of Inflation Blip's Potential Second-Round Effects

Bank of England Chief Economist Huw Pill highlights the need for vigilance against potential second-round effects of an expected inflation uptick, emphasizing the importance of mai...

Bank of England's Rate Cut Sparks Drop in UK Gilt Yields

The Bank of England's decision to cut the key interest rate by a quarter of a percentage point to 4.5% has led to a drop in UK gilt yields, with a shift towards safer assets amid c...

BoE Governor Bailey Signals More Rate Cuts Amid Inflation Concerns

Bank of England Governor Andrew Bailey discusses the potential for further rate cuts amidst inflation concerns, emphasizing a cautious approach to monetary policy adjustments due t...

Bank of England Backs UK Government's Long-Term Growth Strategies

The Bank of England has expressed its support for the UK government's structural reforms aimed at boosting long-term economic growth. Deputy Governor Clare Lombardelli and Governor...

FTSE 100 Soars as Bank of England Cuts Rates: A New Dawn for Investors?

The Bank of England's decision to cut interest rates by 25 basis points has led to a surge in European stock markets, with the FTSE 100 jumping 1.62%. Governor Andrew Bailey sugges...

Bank of England's Rate Cut Decision Sparks Decline in UK Gilt Yields

The Bank of England's decision to cut the key interest rate by 25 basis points to 4.5% has led to a decline in UK gilt yields. Economic concerns and a stagnant GDP in Q3 2024 have ...

FTSE 100 Soars as Bank of England Cuts Rates, Signaling Confidence in Economic Recovery

European stock markets rallied as the Bank of England cut its benchmark interest rate by 25 basis points, boosting investor confidence. Governor Andrew Bailey suggested further rat...

Bank of England's Rate Cut Spurs Drop in UK Gilt Yields Amid Economic Concerns

The Bank of England's decision to cut the key interest rate to 4.5% has led to a drop in UK gilt yields, reflecting concerns over the UK's economic stagnation as GDP remains flat i...

BoE's Bold Move Sparks FTSE 100 Surge: A New Era for European Stocks?

The Bank of England's decision to cut its benchmark interest rate by 25 basis points has led to a surge in European stock markets, with London's FTSE 100 jumping 1.62%. Major Europ...

Alan Taylor Advocates for Immediate Rate Cuts to Counter UK Economic Slowdown

Alan Taylor, a Bank of England policymaker, calls for swift interest rate cuts to address the UK's economic slowdown, emphasizing the need for a soft landing as inflation cools.

Exploring the Future: Bank of England Deliberates on Digital Pound Introduction

The Bank of England updates on its exploration of a digital pound, highlighting progress in the design phase and considerations for its potential introduction, including the need f...

BoE Holds Steady: Interest Rates Remain at 4.75% Amid Economic Uncertainty

The Bank of England (BoE) has announced that it will maintain its interest rates at 4.75%, unchanged after a reduction in November. This decision reflects the bank's strategy amids...