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Bank of England, inflation
Bank of England's Lombardelli says inflation could go above forecast
Deputy Bank of England Governor Clare Lombardelli said on Monday she was more worried about the risk that inflation comes in higher - not lower - than the central bank has forecast as she made the case for only gradual reductions in interest rates.
Inflation rises above Bank of England target again - what it means for your money
Inflation shows how the price of goods and services has changed over time, with the Consumer Price Index (CPI) being the primary measure
Bank of England set to cut interest rates gradually amid inflation fears
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UK inflation jumps to 2.3% in October, exceeding Bank of England’s target
The unexpected increase complicates expectations of another interest rate cut in December, following the Bank’s recent decision to reduce rates by 25bps.
U.K. Inflation Rebounds Above Bank of England Target
The U.K.’s annual rate of inflation rose above the Bank of England’s target in October, a move that was expected by policymakers, who have said they would cut their key rate only gradually.
BoE's Lombardelli worries over above-forecast inflation, backs gradual rate cuts
Bank of England Deputy Governor Clare Lombardelli said on Monday she was more worried about the risk that inflation comes in higher - not lower - than the central bank has forecast as she made the case for only gradual reductions in interest rates.
'Too early to declare victory on inflation,' warns Bank of England's deputy governor
Clare Lombardelli warned it was 'too early to declare victory on inflation' because the pace of wage growth was not slowing as much as expected.
7d
on MSN
UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations
The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled ...
MoneyWeek
20h
Shop price inflation jumps for first time in 17 months - here is what is means for interest rates
A 17-month-long run of falling shop inflation has come to an end, which has further dampened hopes of another interest rate ...
6d
UK inflation jumps to 2.3%, underscoring BoE's stance for gradual rate cuts
British inflation jumped by more than expected last month to rise back above the Bank of England's 2% target and underlying ...
Yahoo
7d
Inflation soars back above Bank of England target in sharpest spike for two years
Inflation
has rebounded back above the Bank of
England
’s 2 per cent target, driving up the cost of living at an ...
6d
Shock inflation rate rise kills hope of Christmas Bank of England base rate cut
The bigger than expected inflation rate rise in November – up from 1.7 per cent to 2.3 per cent – has killed hopes of a Bank ...
7d
on MSN
Inflation set to rebound after jump in energy bills
Data is expected to show a significant rebound in inflation in October after it dropped to a three-year low in the previous ...
think
2h
FX Daily: Sticky inflation to keep dollar supported
Even though the market has largely moved on from the US inflation story, a sticky reading will add to doubts that the Fed ...
21h
Financial markets do not trust the BoE to deliver low inflation
On one level, the Bank of England has had a remarkably good inflation crisis. A year ago, the UK’s central bank expected ...
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