inflation, Bank of England
Bank of England more likely to back faster rate cuts after inflation surprise
Has the Bank of England finally tamed the inflation beast? New figures showed that inflation came in below the two per cent target for the first time since April 2021. The consumer price index fell faster than expected to 1.
Inflation drops below Bank of England target for first time in over three years
UK inflation slowed to 1.7% in September, boosting the chances of a more aggressive approach to interest rate cuts from the Bank of England
New Zealand annual inflation at 2.2%, within central bank target range
Inflation in New Zealand returned to the Reserve Bank of New Zealand's target range of 1% to 3% in the third quarter, keeping the door open for the central bank to continue aggressively cutting rates.
New Zealand Inflation Slows To 2.2% Annually
Consumer prices in New Zealand were up 2.2 percent on year in the third quarter of 2024, Statistics New Zealand said on Wednesday in
UK inflation falls to 1.7%: Rate drops below Bank of England target
The rate of Consumer Prices Index inflation decreased to 1.7% in September from 2.2% in August, marking the first time it has fallen below the 2% target for over three years.
Inflation rate for New Zealand comes in at 2.2 per cent
New Zealand's inflation rate was released on Wednesday and came in at 2.2 per cent for the year to the end of September.
New Zealand inflation plummets to 2.2 per cent
After three years outside the Reserve Bank's target band, the inflation genie is back in the bottle in New Zealand, down to 2.2 per cent. On Wednesday, Stats NZ confirmed the consumers price index (CPI) inflation was back under three per cent for the first time in over three years.
How the drop in inflation ‘caught the Bank of England off guard’
Inflation has dropped to its lowest level in more than three years, paving the way for successive interest rate cuts from the ...
Business Matters7h
Red tape risks turning city into ‘graveyard’, warns Bank of England official
Bank of England’s Sam Woods warns that excessive regulation threatens the City of London’s competitiveness, calling for a ...
U.K.'s Central Bank Wants to Ease Banker-Bonus Rules—Again
The U.K.'s plan to lure more rainmakers to the City of London: Let investment banks pay them bigger bonuses, sooner. The City lost jobs to Europe and New York after the U.K. voted for Brexit in 2016.
Bank of England 'must act now' as experts predict two major decisions this year
A sharp fall in the headline inflation rate to 1.7 percent means the Bank of England 'must act now' to cut the base rate at least once and possibly twice before Christmas, financial experts are ...
UK Stocks Steady Ahead of ECB Rate Decision; Rentokil Caps Ex-Dividend Pressure
(Reuters) - The UK's main stock indexes were steady on Thursday as investors braced for the European Central Bank's interest ...
Shropshire Star1h
Telford's AceOn showcases work as it welcomes Governor of the Bank of England for visit
A Telford company was given the opportunity to showcase its impressive work during a visit by the Governor of the Bank of ...
Ex-Bank of England chief Mervyn King urges Rachel Reeves to raise national insurance in Budget
Exclusive: In a dramatic intervention, the former governor of the Bank of England tells the chancellor she must be ruthlessly ...
Cooling UK jobs market keeps Bank of England rate cut on track
British pay grew at its slowest pace in more than two years in the three months to August and vacancies fell again, according ...
Mises Institute22h
Is the Federal Reserve a Private Bank? It Doesn’t Matter.
Does it matter if a central bank is privately owned? No, it makes no difference. Public or private, central banks give the ...
Warning decent pay rises 'could end' - but there is good news for Bank of England rate cut
Average wage rises have slowed to a two-year low isn't good news for cost of living hit workers but does make a Bank of ...
U.K. Faces Privacy Challenges Ahead Of 2025 CBDC Pilot
As the UK prepares for a CBDC pilot in 2025, concerns grow over state surveillance, with calls for stronger safeguards to ...