Bank of England
Bank of England worried as real earnings surge
Although the wage figures appear to be positive for households, the Bank of England may continue to anticipate stubbornly high core wage growth. According to the most recent official data, real earnings growth, including inflation, has reached its greatest level in nearly two and a half years due to a slower deceleration in wage increases than initially anticipated.
Bank of England sees upturn signs in economy
The Governor of the Bank of England stated that, despite the country entering a recession in late 2018, there are "clear indications of a recovery" in the UK economy. Andrew Bailey explained to the committee of Members of Parliament that he believed the recession would be one of the shallowest of any in modern history, while justifying the Bank's efforts to reduce inflationary pressures by curbing economic demand.
Interest rate drop near for Bank of England
Interest rate drop near for Bank of England
Bank of England maintains 5.25% rate for third time
Bank of England maintains 5.25% rate for third time
Mortgage approvals hit January low, Bank of England reports.
As the Bank of England planned its next borrowing costs position, rising interest rates had further effects. Lowest Mortgage Approvals ...
Bank of England Leaves Interest Rates Unchanged After 14 Consecutive Hikes
In a surprising turn of events, the Bank of England has decided to keep UK interest rates at their current ...
Ex-US banker to assess Bank of England projections
Former US Federal Reserve Chairman Ben Bernanke will oversee an assessment of the Bank of England’s forecasts. The appointment comes ...
Bank of England suffered 7.3% wage growth from March to May.
The financial markets are largely anticipating that the Federal Reserve will increase interest rates by a further 0.5 percentage point ...
11th rate hike in 18 months by Bank of England
Inflation jumped unexpectedly to 10.4% in February, according to data published yesterday. The Bank of England is anticipated to raise ...
At 12pm, the Bank of England will raise interest rates to 2008 levels.
The Bank of England is also scheduled to reveal long-term inflation projections, which are expected to indicate that next year’s ...
The top economist of the Bank of England criticizes government cooperation with ‘other institutions’
The government would gain from following the ONS and Bank of England’s model of involvement, said Huw Pill. The Bank ...
Today, the Bank of England will end its government bond-buying program.
Pressure on gilts, or UK government bonds, eased on Thursday as the Bank of England increased its bond-buying activities to ...
