Dovish BoE officials cut rates in the face of hawkish forecasts
The BoE’s forecasts suggest it will only cut rates two more times over the next three years on the back of higher inflation and weaker underlying growth capacity. The 7-to-2 vote to cut rates with a bias towards a larger cut suggests MPC members do not accept the hawkish message in the forecasts.
Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not lead to second-round ...
The Bank of England lowered interest rates, following the ECB. The Fed will take a different path this year. That will put ...
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
British companies' expectations for wage growth fell marginally in January and expectations for employment growth also ...
Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a ...
The Bank of England could cut interest rates only twice more, including once at this week’s meeting, pausing rate reductions ...
U.S. shares held steady after European equities hit a record high, and gold prices were near an all-time peak as investor ...
Governor Andrew Bailey says the BOE will take a “gradual and careful” approach to cutting rates Join the Markets Today team - ...
The Alberta Government brought in $18 MM on its February 5th Crown land sale. In total, 29,120 hectares were sold at an ...
(Reuters) - European shares hovered near a record high on Thursday, buoyed by a raft of upbeat earnings, including drugmaker ...
There Is An Ongoing Disinflation Process In The UK - Substantially Lower Pay Settlements This Year BOE'S PILL: WE CANNOT ...
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