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UK inflation eased more than expected from 3.0% in January to 2.8% in February
The Office of National Statistics (ONS) recently revealed in the latest inflation report that the UK's inflation rate dropped ...
Bank of England must be careful as inflation pressure is falling slowly, Bailey says
Bank of England Governor Andrew Bailey said on Thursday that the central bank would have be careful about cutting interest ...
U.K. Inflation Eases Slightly But Stays High Enough to Keep Bank of England Wary
Inflation cooled a little during February but remained well above the Bank of England’s target, likely keeping policymakers ...
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Bank of England leaves benchmark interest rate unchanged at 4.50% with inflation still high
Andrew Bailey next holds a press conference. Bailey said rate-setters will be “looking very closely at how the global and ...
Andrew Bailey: Strong trade and AI will be key to UK growth
Andrew Bailey, the Governor of the Bank of England, has said that strong trade will be essential to UK growth in the coming ...
UK inflation rate: How quickly are prices rising?
Prices in the UK rose by 2.8% in the 12 months to February, less than in the previous month but still above the Bank of ...
As Britons Prepare for Inflation Jump, Bank of England Remains Cautious
Policymakers held interest rates at 4.5 percent on Thursday as they warned of rising economic uncertainty. Households are ...
Bailey speech: We face a challenge to raise the potential growth rate of the economy
Bank of England (BoE) Governor Andrew Bailey said late Monday that the UK central bank faces a challenge to raise the ...
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Pound rises above $1.30 for the first time since November as UK inflation persists
The Pound Sterling surged by over 0.1% on Tuesday, reaching around $1.30 for the first time since November after the U.S.