BoE’s Bailey vows to do ‘what it takes’ to cut inflation to 2%
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Wednesday that the central bank “will do what it takes” to get inflation down to its 2% target, adding that…
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Wednesday that the central bank “will do what it takes” to get inflation down to its 2% target, adding that…
LONDON (Reuters) -Bank of England Governor Andrew Bailey said getting inflation down to the central bank’s 2% target will be “hard work” as most of its recent fall was due…
By Balazs Koranyi MARRAKECH, Morocco (Reuters) – Bank of England Chief Economist Huw Pill said the question of whether the British central bank had done enough to see off high…
(Reuters) – Bank of England policymaker Swati Dhingra said the economy has already flatlined and about 20% or 25% of the impact of interest rate hikes has fed through to…
By Huw Jones LONDON (Reuters) – Easing rules to boost the post-Brexit global competitiveness of Britain’s financial sector can only be done while maintaining a resilient financial system, Bank of…
By David Milliken LONDON (Reuters) – British food price inflation is likely to fall to around 10% later this year, but will need to drop further for overall consumer price…
LONDON (Reuters) – Asking prices for residential homes in Britain fell in July as rising mortgage costs and increasing buyer affordability constraints prompted sellers to tempered their price expectations, an…
By William Schomberg LONDON (Reuters) – Britain’s economy is showing some signs of strain from the Bank of England’s 13 back-to-back interest rate increases, but the jobs market is still…
LONDON (Reuters) – Megan Greene, who is due to join the Bank of England’s Monetary Policy Committee this week, said central banks should not assume that interest rates will settle…
SINTRA, Portugal (Reuters) – Bank of England Governor Andrew Bailey said last week’s rise in interest rates reflected a resilient economy and unexpectedly persistent inflation, sticking closely to his message…
By David Milliken LONDON (Reuters) -Bank of England policymaker Swati Dhingra said there are “promising signals” for a further decline in British inflation, based largely on a steep fall in…
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday that official data published earlier in the day showed the labour market was “very tight”, and added that inflation…
LONDON (Reuters) – The Bank of England must stay the course to ensure the level of inflation falls back to its 2% target, the central bank’s Governor Andrew Bailey said…
WASHINGTON (Reuters) – Falling energy prices will lower headline inflation towards the Bank of England’s 2% target, but persistent underlying inflation will make it hard for the Bank of England…
LONDON (Reuters) – Bank of England rate-setter Catherine Mann said on Tuesday that the pound could face downward pressure if investors have not yet fully priced in hawkish messages from…
LONDON (Reuters) -Bank of England rate-setter Swati Dhingra said in an interview published on Saturday that higher interest rates could lead to a deeper and longer recession, adding there were…
LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Wednesday that Britain’s very tight labour market was a key reason why further interest rate increases were likely. “It…
LONDON (Reuters) – Bank of England policymaker Catherine Mann said on Saturday that bond purchases by the central bank in the days after the government’s “mini-budget” fiscal plan last month…
WASHINGTON (Reuters) – Bank of England Governor Andrew Bailey said he and Britain’s new finance minister Jeremy Hunt had agreed on the need to repair the country’s public finances after…
By Sinead Cruise and Tommy Wilkes LONDON (Reuters) – A Bank of England fix to ease pension schemes’ cash crunch by getting banks to assume the role of rescue lender…
LONDON (Reuters) – Bank of England policymaker Catherine Mann said on Wednesday there was a strong case to front-load interest rate increases, especially at times of rising inflation expectations. Mann,…
By Dhara Ranasinghe and Harry Robertson LONDON (Reuters) – Bank of England Governor Andrew Bailey has been unequivocal: the central bank will end emergency support for bonds on Friday. Yet…
By David Milliken LONDON (Reuters) -The Bank of England’s new programme of bond purchases aims to cure market dysfunction, not cap yields or offer cheaper credit to the government or…
By David Milliken LONDON (Reuters) -Bank of England policymaker Jonathan Haskel said the UK central bank was in a difficult position as the government’s expansionary fiscal policy appeared to place…
LONDON (Reuters) – A new cap on British household energy bills touted by new prime minister Liz Truss could lower the path of inflation relative to the Bank of England’s…