Cutting interest rates can boost consumer spending by making borrowing cheaper - but the Bank is wary of stoking inflation.

This was in response to inflation in September falling to 2.1%, a whisker above the Fed’s target of 2%. The Bank of England Governor, Andrew Bailey, told the BBC that, while the trend for UK ...

UK inflation hit a 10-month high in January ... The spike, which took inflation further above the bank's target of 2%, was largely due to increases in airfares, food casts and private school ...

The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain ...

THE Bank of England has decided to keep interest rates unchanged, delivering a blow to homeowners hoping for help with ...

The Bank of England is set to keep U.K. interest rates unchanged even though the economy is barely growing and set for ...

The Bank of England is set to hold rates at 4.5% as inflation stays high, with growth slowing and cuts expected later in 2025 ...

The British public's expectations for inflation in the long run rose in February to their highest level in more than five ...

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UK inflation jumped sharply in the year to January, driven by rising food prices, air fares and an increase in private school fees. The higher-than-expected jump to 3% from 2.5% in December, means ...

Hopes of an early interest rate cut have been dampened as stubbornly high wage growth is predicted to see the Bank of England keep borrowing costs at punishing levels today - even as 'cracks form' ...

Britain received more than 66 billion pounds ($85 billion) of orders for a new 2049 index-linked government bond in the final ...