The UK rate of inflation reached 3% in January, from 2.5% in December, higher than forecasts and with the Bank of England ...

The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...

In a potential setback for Rachel Reeves (pictured), official figures tare set to show inflation accelerated last month ...

The Reserve Bank of New Zealand cut interest rates by 50 basis points as expected. The UK CPI inflation rose in January, ...

Weak economic growth should weigh on wages, taking the heat out of price pressures. That is the Bank of England's reading of the situation - but the last few years have shown us that the "inflation ...

At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...

Bank of England policymaker Megan Greene on Wednesday advocated a cautious approach to cutting interest rates, and said it ...

Catherine Mann has said her decision to vote last week for a larger rate cut than most fellow members of the Bank of ...

The UK economy eked out some growth in the final quarter of last year largely helped by a surge in activity in December, data from the ONS showed on Thursday. With the market expecting a contraction, ...

UK inflation has been above the 2% target for more than 40 months, which has entrenched elevated inflation expectations, and the monetary easing of recent months has added further fuel to the ...

On the growth front, it is hard to argue that an economy that grew 6.4% in 2024-25 (and is estimated to grow 6.7% in 2025-26) needs monetary-policy support. Sure, growth in 2024-25 is lower than ...