Back to the 70s nightmare: Labour's Britain faces a new era of rising inflation, flatlining growth and stagflation, the Bank of England warns
A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...
Bank of England slashes growth hopes for British economy in 2025
The Bank of England lowered its main interest rate by a quarter of a percentage point to 4.50 per cent, taking it to its ...
Bank of England chief dismisses inflation as 'upward blip' and 'unlikely' to impact everyday prices
The Bank of England's chief economist Huw Pill said that despite forecasts of inflation climbing to 3.7% in the second half ...
What does inflation mean? Common economic jargon explained in simple terms
Interest rates are down. Inflation is likely to rise again. And economic growth is stagnating. But what do these frequently ...
Bank of England chief economist downplays fears over inflation surge
Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday ...
Stock market today: Dow, S&P 500, Nasdaq slide as inflation, tariff fears push stocks to another losing week
US stocks fell on Friday as investors reacted to the threat of more possible tariffs from the Trump administration while ...
Bank of England pour doubts over major interest rate cut with fresh inflation prediction: Live
Bank of England pour doubts over major interest rate cut with fresh inflation prediction: Live - Interest rates were cut from ...
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Stubborn inflation may hold back rate cuts, says Pill
The Bank of England's chief economist Huw Pill has cautioned against expecting rapid interest rate cuts this year, saying ...
Bank of England Chief Economist: Job on inflation not done yet
"I think that is a reason for caution, for carefulness in the way we proceed with removing monetary policy restriction and cutting bank rate," Pill said.
Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves
Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...
Bank warned to be 'cautious' over further rate cuts to interest rates, top official warns
Huw Pill, the Bank's chief economist, said the battle against inflation was not yet 'job done' and that a slowdown in the speed of price increases 'may be not quite as strong as we had previously ...