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Bank of England

  • Liz Truss admits she should have met Andrew Bailey while in No10

    April 21, 2024

    Liz Truss has admitted she should have met with Andrew Bailey while she was in No10.

  • The week that was: London woes, hedge funds short on water, and confusing jobs data

    April 20, 2024

    Confusing inflation data, further tribulations for water firms and yet more woes for the London Stock Exchange, we review another busy week in the City.

  • Bank of England rate-setter Ramsden ‘more confident’ inflation pressures receding

    April 19, 2024

    Dave Ramsden, one of the nine Monetary Policy Committee (MPC) members, told an audience in Washington that he was now "more confident" that inflationary pressures were receding.

  • Bank of England left with tough choice on interest rate after week of fresh data

    April 19, 2024

    Most of this week has been dominated by discussions about when the Bank of England will start cutting interest rates.

  • Why the Bank of England might be wary of cutting interest rates before the Fed 

    April 18, 2024

    The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.

  • Timing of Bank of England interest rate cuts thrown into doubt after hot inflation data

    April 17, 2024

    This week market caution looks justified following two upside surprises on two crucial pieces of economic data.

  • March inflation comes in higher than expected at 3.2 per cent

    April 17, 2024

    Inflation has fallen from a peak of over 11 per cent in autumn 2022, but the Bank will want to see further progress on services inflation and wage growth.

  • Beneath the jargon, Bernanke delivers devastating critique of the Bank of England

    April 17, 2024

    Leading economist Ben Bernanke has exposed the flawed modelling and out-of-date technology behind the Bank’s failures to forecast inflation, says Paul Ormerod Last week, Ben Bernanke, former chairman of the US Federal Reserve Bank and Nobel Laureate in economics, published his review into the process of forecasting and policymaking at the Bank of England. You [...]

  • Bank of England ‘absolutely’ in for shake-up after Bernanke review, incoming rate-setter warns

    April 16, 2024

    Lombardelli, who will take up her role on the Monetary Policy Committee (MPC) in July, will be responsible for implementing the Bank's response to the Bernanke review.

  • Bank of England’s hawks and doves have plenty to ponder after hot wage growth

    April 16, 2024

    Its anybody's guess what the Bank of England will make of the latest labour market figures, published this morning.

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