Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be ...

Inflation is also expected to 'rise quite sharply' later this year due to higher water bills, bus fares and energy costs and ...

The cost of living is forecast to rise to between 2.8% and 2.9% when official data is released next week, driven by higher ...

LONDON: Bank of England (BoE) interest rate cuts are not feeding through to borrowing costs for households and the government ...

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

THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...

If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...

The Bank of England has reduced interest rates, predicting a temporary inflation rise and halving its growth forecast.

The Bank of England cut interest rates by a quarter-point, sparking surprise and disagreement among policymakers. While ...

Trump’s arrival has added to pre-existing worries. Despite an International Monetary Fund official declaring in October that ...

“We live in an uncertain world, and the road ahead will have bumps,” said Andrew Bailey, the governor of the central bank. Though he said inflation was also likely to rise through most of this ...