UK inflation holds at 2.2% but services prices keep BoE on alert
British inflation held steady in August but sped up in the services sector which is closely watched by the Bank of England, data showed on Wednesday, adding to bets that the central bank will keep interest rates on hold on Thursday.
The BoE doesn't have the luxury of claiming "greater confidence" - as the Fed highlighted in its statement - that domestic ...
UK inflation held at just above the Bank of England’s 2% target in August, cementing expectations that policymakers will ...
In May, the International Monetary Fund (IMF) recommended that UK interest rates should fall to 3.5% by the end of 2025. The ...
After years of low rates, high-yield savings accounts are having a moment as the Bank of England decided to keep interest ...
“Of course, this would quickly come to an end if inflation in the United Kingdom were to fall very rapidly (as is expected ...
The British pound rose against the dollar on Wednesday after UK inflation data boosted the market view that the Bank of ...
UK CPI readings were a mixed bag. Headline CPI came in at 2.2%, exactly in line with expectations. Core CPI also met ...
British annual inflation rate was unchanged at 2.2 percent in August, remaining slightly above the Bank of England's target, official data showed on Wednesday.
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