As the Bank of England holds interest rates, should we fear ‘stagflation’?
Trending News
3 months, 1 week ago

As the Bank of England holds interest rates, should we fear ‘stagflation’?

The Independent  

Should “stagflation” be our word of the day? Concern about the other problems might explain why the Bank of England’s committee voted the way it in deciding to hold rates even when other central banks have been cutting. The doves this time were concerned about Britain’s “weakening labour market” – although it would have to weaken a lot for Britain to qualify as being in full stagflation hell – and sluggish demand. The most popular fixed rate deals – those running for two or five years – are governed by long-term expectations for interest rates set by the City’s interest rate swaps market, not base rates. The MPC’s minutes make it clear that UK rates are expected to be between 3.75 per cent and 4 per cent in three years’ time, compared to just 2 per cent in the eurozone.

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History of this topic

Bank of England holds interest rates at 4.5% amid 'Stagflation' fears: Cuts paused as wages surge despite economic slowdown driven by Labour's tax raid and Trump's trade war
1 week, 1 day ago

Bank of England holds interest rates at 4.5% amid 'Stagflation' fears: Cuts paused as wages surge despite economic slowdown driven by Labour's tax raid and Trump's trade war

Daily Mail  

The Bank of England snubbed pleas for interest rate cuts today amid fears inflation is still a threat. BoE governor Andrew Bailey has been keen to stress that the committee wants to take a 'gradual and careful approach' to reducing rates while monitoring changes in the UK and global economy The Pound immediately ticked up against the US dollar on …

Bank of England set to keep main UK rate unchanged at 4.50% despite gloomy economic news
Trending News
1 week, 2 days ago

Bank of England set to keep main UK rate unchanged at 4.50% despite gloomy economic news

Hindustan Times  

LONDON — The Bank of England is set to keep U.K. interest rates unchanged Thursday even though the economy is barely growing and set for further uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. Bank of England set to keep main UK rate unchanged at 4.50% despite gloomy economic news The nine-member …

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
Trending News
1 week, 2 days ago

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold

Associated Press  

LONDON — The Bank of England kept its main U.K. interest rate unchanged at 4.50% on Thursday even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The decision by the nine-member Monetary Policy Committee was widely expected, and comes a day …

Bank of England Poised to Take a Hawkish Tilt: Decision Guide
1 week, 2 days ago

Bank of England Poised to Take a Hawkish Tilt: Decision Guide

Live Mint  

-- The Bank of England is likely to turn less dovish on Thursday as officials start to fret about the fallout from Donald Trump’s tariff wars and a renewed bout of domestic inflation. Rate-setters added “careful” to the language to reflect the uncertainty created by Trump’s aggressive trade policies, which threaten both slower growth and higher inflation. Bailey has said …

'Stagflation' fears grow as US Fed prepares key interest rate decision
1 week, 5 days ago

'Stagflation' fears grow as US Fed prepares key interest rate decision

India Today  

When Federal Reserve officials last met in late January, things looked pretty good: Hiring was solid. But even a mild version with unemployment rising from its current low level of 4.1%, while inflation stayed stuck above the Fed's 2% target would pose a challenge for the central bank. One development likely to unnerve Fed officials is the sharp jump in …

Interest rate cuts might not be 'rapid' due to 'sticky' inflation, Bank of England chiefs warn as they highlight 'substantial' risks from Trump's trade war
3 weeks, 2 days ago

Interest rate cuts might not be 'rapid' due to 'sticky' inflation, Bank of England chiefs warn as they highlight 'substantial' risks from Trump's trade war

Daily Mail  

Bank of England chiefs today warned of a dual threat from sticky inflation and Donald Trump's trade war. Giving evidence to MPs, the Bank's chief economist Huw Pill warned interest rates might not fall as fast as hopes because there is still 'more work to do' to tackle price pressures. Meanwhile, Governor Andrew Bailey told the Treasury Select Committee there …

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut
3 weeks, 4 days ago

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut

Associated Press  

FRANKFURT, Germany — Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank - but leaving open how far the central bank will go in lowering borrowing costs for an economy that’s still struggling to show robust growth. The February figure for the 20 countries that use …

UK inflation and interest rates 2025 predictions: What it means for your money
1 month ago

UK inflation and interest rates 2025 predictions: What it means for your money

The Independent  

Hopes of interest rates coming down quickly this year appear to be fading amid rising taxes and economic uncertainty in the UK. Inflation may no longer be at double digits and the cost of living measure even managed to hit the 2 per cent target last year, which prompted interest rate cuts in August and November. He said: “The Bank …

Inflation could hit 4% this year: Would that stop the Bank of England cutting interest rates?
1 month, 1 week ago

Inflation could hit 4% this year: Would that stop the Bank of England cutting interest rates?

Daily Mail  

Inflation could hit 4 per cent this year if the Bank of England's forecasts only slightly exceed expectations. While inflation is expected to fall back to the 2 per cent target, Bank of England policy makers know all too well that forecasts could be proved wrong. The MPC sets interest rates to try to keep consumer prices inflation at the …

UK inflation spikes to a 10-month high, likely to worry the Bank of England
1 month, 1 week ago

UK inflation spikes to a 10-month high, likely to worry the Bank of England

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Inflation in the U.K. rose …

UK inflation spikes to a 10-month high, likely to worry the Bank of England
1 month, 1 week ago

UK inflation spikes to a 10-month high, likely to worry the Bank of England

Associated Press  

LONDON — Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England. The spike, which took inflation further above the bank’s target of 2%, was largely due to increases in airfares, food casts and private school fees in …

Will interest rates keep falling and can the UK dodge recession? This is Money podcast
1 month, 2 weeks ago

Will interest rates keep falling and can the UK dodge recession? This is Money podcast

Daily Mail  

The Bank of England has delivered another rate cut but big questions remain over what happens next? Forecasters had largely agreed that this year would see another two base rate cuts, but the Bank delivered a pair of verdicts that could push ratesetters down a different path. On this podcast episode, Georgie Frost, Simon Lambert and Helen Crane discuss the …

Stagflation threat rises as Bank of England downgrades growth to spark fears of economic crisis: Live
1 month, 3 weeks ago

Stagflation threat rises as Bank of England downgrades growth to spark fears of economic crisis: Live

The Independent  

Chancellor Rachel Reeves has said she is ‘not satisfied’ with the UK’s growth rate Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. …

Bank of England policymakers
Trending News
1 month, 3 weeks ago

Bank of England policymakers

Live Mint  

LONDON, Feb 6 - The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation will prove temporary. Here's what Bank of England officials said in a press conference following that decision: BANK OF ENGLAND GOVERNOR ANDREW BAILEY On Inflation and future rate moves: "We expect to …

Bank of England CUTS interest rates to 4.5% in boost for Brits amid fears over Labour's stalling economy... but could Trump's tariffs thwart hopes of more falls?
Top News
1 month, 3 weeks ago

Bank of England CUTS interest rates to 4.5% in boost for Brits amid fears over Labour's stalling economy... but could Trump's tariffs thwart hopes of more falls?

Daily Mail  

The Bank of England boosted Brits today by cutting interest rates amid fears over the stalling economy. The need to kickstart activity looks to have outweighed fears that Donald Trump's trade tariffs will put upwards pressure on inflation - something Threadneedle Street uses interest rates to counter. The Bank of England in London is pictured yesterday ahead of the base …

Bank of England must cut rates and kickstart UK growth, says ALEX BRUMMER
1 month, 3 weeks ago

Bank of England must cut rates and kickstart UK growth, says ALEX BRUMMER

Daily Mail  

Rachel Reeves is haunted by a darkening economic outlook. Worse outlook: The Bank of England is expected to lower its growth forecast given worsening business conditions There is now loose talk at Westminster of an emergency budget in March amid uncertainty in government about a trade deal with Donald Trump. The Bank is expected to lower its growth forecast given …

Relief for Brits with Bank of England set to cut interest rates TODAY to boost Labour's stalling economy - despite fears Trump trade war will fuel inflation
Trending News
1 month, 3 weeks ago

Relief for Brits with Bank of England set to cut interest rates TODAY to boost Labour's stalling economy - despite fears Trump trade war will fuel inflation

Daily Mail  

The Bank of England is poised to offer Brits some relief and boost the stalling economy today with a cut to interest rates. The need to kickstart activity looks set to outweigh fears that Donald Trump's trade tariffs will put upwards pressure on inflation - something Threadneedle Street uses interest rates to counter. The base rate rose as high as …

Bank of England expected to cut key UK interest rate to 4.50%
1 month, 3 weeks ago

Bank of England expected to cut key UK interest rate to 4.50%

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England is …

Bank of England expected to resume interest rate cuts
Trending News
1 month, 3 weeks ago

Bank of England expected to resume interest rate cuts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Senior economists at the Bank of England will announce …

UK interest rate cut a ‘sure bet’ amid faltering economic growth, say experts
1 month, 3 weeks ago

UK interest rate cut a ‘sure bet’ amid faltering economic growth, say experts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Senior economists at the Bank of England will meet …

UK faces ‘stagflation’ warning amid rising costs and faltering growth
2 months ago

UK faces ‘stagflation’ warning amid rising costs and faltering growth

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s private sector grew …

The drop in inflation is good for your mortgage – but don’t celebrate just yet
2 months, 1 week ago

The drop in inflation is good for your mortgage – but don’t celebrate just yet

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Milder inflation has brought hope that the Bank of …

Relief in the City: the new inflation rate means the BoE could cut rates as soon as next month
Trending News
2 months, 1 week ago

Relief in the City: the new inflation rate means the BoE could cut rates as soon as next month

The Independent  

Luck has not been with Rachel Reeves. Prices rose by 2.5 per cent in the year to December, above the Bank of England’s 2 per cent target for the Consumer Prices Index but a shade lower than the previous month’s result – and certainly below the expectations of most economists. Better still was the surprisingly sharp fall in the rate …

UK economy faces threat of ‘stagflation’ after bumpy 2024
2 months, 4 weeks ago

UK economy faces threat of ‘stagflation’ after bumpy 2024

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. With the economy stalling, the watchword for 2025 is …

Analysis: What does the Bank of England’s interest rate decision mean for mortgages?
3 months, 1 week ago

Analysis: What does the Bank of England’s interest rate decision mean for mortgages?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England held …

Bank of England holds interest rates at 4.75% but says UK economy stagnating
3 months, 1 week ago

Bank of England holds interest rates at 4.75% but says UK economy stagnating

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK interest rates have been …

Base rate hold is ‘not the early Christmas present that many would have wanted’
3 months, 1 week ago

Base rate hold is ‘not the early Christmas present that many would have wanted’

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. As we …

UK interest rates held at 4.75% amid ‘heightened economic uncertainty’
3 months, 1 week ago

UK interest rates held at 4.75% amid ‘heightened economic uncertainty’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England has …

Bank of England HOLDS interest rates despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation
Trending News
3 months, 1 week ago

Bank of England HOLDS interest rates despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation

Daily Mail  

The Bank of England kept interest rates on hold today despite mounting alarm at the stalling economy. Interest rates, which influence how much banks charge for loans and mortgages, are used as a tool by the central bank to keep inflation at its 2 per cent target level. Most economists had thought the latest data, and the prospect of price …

Bank of England set to keep UK interest rates on hold despite paltry economic growth
3 months, 1 week ago

Bank of England set to keep UK interest rates on hold despite paltry economic growth

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The U.K.'s central bank is …

Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold
3 months, 1 week ago

Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold

Associated Press  

LONDON — The U.K.’s central bank warned Thursday of “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target, even at a time when the British economy is flatlining at best. The Bank of England’s nine-member Monetary Policy Committee kept its main interest rate unchanged at 4.75% with new data showing inflation rising to 2.6%, …

Interest rates live updates: Bank of England verdict due after surprise inflation rise
Top News
3 months, 1 week ago

Interest rates live updates: Bank of England verdict due after surprise inflation rise

The Independent  

Chancellor of the exchequer Rachel Reeves said the figures are a ‘reminder that for too long the economy has not worked for working people For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN …

Bank of England set to keep interest rates on hold TODAY despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation
Top News
3 months, 1 week ago

Bank of England set to keep interest rates on hold TODAY despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation

Daily Mail  

The Bank of England is set to keep interest rates on hold today despite mounting alarm at the stalling economy. Interest rates, which influence how much banks charge for loans and mortgages, are used as a tool by the central bank to keep inflation at its 2 per cent target level. Rob Wood, chief UK economist for Pantheon Macroeconomics, said: …

UK interest rates set to be held at 4.75% after inflation rises again
3 months, 1 week ago

UK interest rates set to be held at 4.75% after inflation rises again

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK interest rates are expected …

UK interest rate cut 'unlikely in short term'
3 months, 1 week ago

UK interest rate cut 'unlikely in short term'

China Daily  

A view of the Bank of England and the financial district, in London, Britain, September 23, 2024. Interest rates in the United Kingdom may come down more slowly than expected next year after the latest inflation figures were released, showing that the rate went up for the second month in a row in November, at the fastest pace since March. …

Inflation rates live: Bank of England expected to hold interest rates at 4.75 per cent
Top News
3 months, 1 week ago

Inflation rates live: Bank of England expected to hold interest rates at 4.75 per cent

The Independent  

Chancellor of the exchequer Rachel Reeves said the figures are a ‘reminder that for too long the economy has not worked for working people For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN …

Inflation analysis: Prices rising faster means higher borrowing costs for longer amid recession fears
3 months, 1 week ago

Inflation analysis: Prices rising faster means higher borrowing costs for longer amid recession fears

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The faster price gains for consumer goods like food …

What does rising inflation mean for you - and has it killed off a Bank of England interest rate cut?
3 months, 1 week ago

What does rising inflation mean for you - and has it killed off a Bank of England interest rate cut?

Daily Mail  

Inflation in the UK climbed to 2.6 per cent in November, it was revealed today, as the rise in the cost of living accelerated again. James Smith, developed markets economist, UK, at ING, said: 'Our base case is for back-to-back to rate cuts from February onwards, with Bank Rate falling to 3.25 per cent later in the year. While services …

U.K. Inflation rises further above Bank of England's target in November
3 months, 1 week ago

U.K. Inflation rises further above Bank of England's target in November

The Hindu  

Inflation in the U.K. has risen to its highest level since March, driven by an increase in fuel prices last month, official figures showed on Wednesday. Rate-setters had anticipated a pick-up in inflation when the central bank last cut rates in early November as price pressures eased earlier in the year — in September, inflation had fallen to its lowest …

UK inflation increase solidifies expectations interest rates will be kept on hold
3 months, 1 week ago

UK inflation increase solidifies expectations interest rates will be kept on hold

Associated Press  

LONDON — Inflation in the U.K. rose to its highest level in eight months during November, official figures showed Wednesday, a development that has cemented market expectations that the Bank of England will opt against cutting borrowing costs this week. It said stubbornly high inflation in the crucial services sector, which accounts for around 80% of the U.K. economy, and …

Surge in wages means beleaguered borrowers must wait for interest rates cut
Trending News
3 months, 1 week ago

Surge in wages means beleaguered borrowers must wait for interest rates cut

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England is …

Bank of England expected to hold interest rates after jump in inflation
3 months, 2 weeks ago

Bank of England expected to hold interest rates after jump in inflation

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England is …

UK interest rates to fall more slowly than expected after Budget – OECD
3 months, 3 weeks ago

UK interest rates to fall more slowly than expected after Budget – OECD

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK interest rates will fall …

RBI Likely To Hold Interest Rates Amid Inflation Surge; Economists Push Rate Cut Forecast To February
4 months ago

RBI Likely To Hold Interest Rates Amid Inflation Surge; Economists Push Rate Cut Forecast To February

ABP News  

The Reserve Bank of India is expected to maintain its key policy rate at 6.50 per cent during its upcoming December 4-6 meeting, according to a Reuters poll. A sharp rise in inflation, driven by soaring food prices, has led several economists to revise their forecasts for the first rate cut in the cycle from December to February. RBI Governor …

Millions hit with mortgage blow as rise in inflation crushes hopes of interest rate cut
4 months, 1 week ago

Millions hit with mortgage blow as rise in inflation crushes hopes of interest rate cut

Daily Mail  

Interest rate cut hopes were crushed yesterday after a bigger-than-expected rise in inflation to a six-month high - in a blow to millions of borrowers. Higher inflation will add to the Bank of England's reluctance to cut its benchmark interest rate, currently at 4.75 per cent. Latest economists' forecasts Rachel Reeves's Budget has also dented rate cut hopes - as …

The shock rise in inflation spells bad news for mortgages
4 months, 1 week ago

The shock rise in inflation spells bad news for mortgages

The Independent  

A mere month after inflation undershot the Bank of England’s 2 per cent target, it’s back up again – in the sharpest spike in two years. The Consumer Prices Index jumped to 2.3 per cent in October, against 1.7 per cent the previous month, dealing a death blow to any hopes of a second straight interest rate cut in December. …

UK inflation hits six-month high of 2.3% on high energy bills; BoE stresses on gradual rate cuts
4 months, 1 week ago

UK inflation hits six-month high of 2.3% on high energy bills; BoE stresses on gradual rate cuts

Live Mint  

British inflation jumped by more than expected last month to rise back above the Bank of England's 2% target and underlying price growth gathered speed too, showing why the BoE is moving cautiously on interest rate cuts. Consumer prices rose by an annual 2.3% in October, pushed up almost entirely by an increase in regulated domestic energy tariffs, after a …

What rising inflation means for you: HUGO DUNCAN on why it dashes hopes of a Christmas Bank of England rate cut
4 months, 1 week ago

What rising inflation means for you: HUGO DUNCAN on why it dashes hopes of a Christmas Bank of England rate cut

Daily Mail  

There will be no early Christmas present from the Bank of England. The jump in inflation announced today – from 1.7 per cent in September to 2.3 per cent in October – has dashed any lingering hopes of another interest rate cut this year. Inflation spiked to 2.3 per cent in October as fears grow over the impact of the …

Bank of England chief economist cautions over global economic ‘disturbances’
4 months, 2 weeks ago

Bank of England chief economist cautions over global economic ‘disturbances’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England’s chief …

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