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Bank of England

  • Election 2024: This economic data is bad news – that’s why Sunak called a vote

    May 22, 2024

    The Conservatives are set to call an election for July 4th and will put a nascent economic recovery at the heart of their re-election pitch.

  • Could the Bank of England still cut rates in June after poor inflation figures?

    May 22, 2024

    Although Rishi Sunak jumped on the airwaves to proclaim inflation was "back to normal", markets seemed less convinced.

  • Inflation ahead of expectations in blow for June interest rate cut hopes

    May 22, 2024

    At the Bank of England's last meeting earlier this month, policymakers confirmed that they were considering cutting interest rates.

  • The rise and fall of 20th Century monetarism, according to one of Margaret Thatcher’s advisors

    May 21, 2024

    "There's not much in economics that is strictly scientific. Milton Friedman said this (monetarism) was a science and Margaret Thatcher sort of bought into that idea," Tim Lankester told City PM

  • FTSE 100 today: British blue-chip index set for subdued start amid cautious US Fed comments

    May 21, 2024

    Asian markets dipped. Oil prices fell, gold stayed near highs, and Australia's BHP Group surged. Focus on Fedspeak and BOE's Andrew Bailey.

  • Bank of England deputy governor Broadbent says summer interest rate cut ‘possible’

    May 20, 2024

    The Bank judges that the unwinding of the inflationary shock is likely to be "asymmetric", taking longer to unwind than it did to emerge.

  • Inflation set to return to two per cent target in boost for Bank of England

    May 19, 2024

    The latest UK inflation reading could show a notable fall when it's published this week.

  • Investors to receive ‘temperature check’ on global economy alongside Nvidia and inflation updates

    May 19, 2024

    Analysts at Deutsche Bank said the surveys would provide "a temperature check on growth across the key economies as perceived inflation risks subside".

  • Bank of England will move hundreds of jobs to Leeds to ‘improve trust’

    May 17, 2024

    One in ten employees of The Bank of England will be based in Leeds by 2027, it has been announced.

  • Labour hoarding makes life difficult for Bank of England, rate-setter says

    May 16, 2024

    Labour hoarding since the pandemic has helped fuel inflation and could mean rates have to remain high, a Bank of England policymaker said.

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