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Bank of England policymaker plays down inflation risk in call for rate cuts
A member of the Bank of England’s Monetary Policy Committee has dismissed stronger than expected inflation and growth figures as he renewed his call for lower interest rates in the face of mounting pressures on the UK economy.
Andrew Bailey cited the loosening of the UK's labour market as one key indicator in the bank's most recent decision.
Markets are pricing in around two further interest rate cuts this year but the MPC’s hawkish view on the economy has eased ...
Bank of England Governor Andrew Bailey told MPs a lack of faith in key data from the Office for National Statistics 'does ...
Many of the major lenders raised their mortgage rates this week, amid uncertainty over the pace of future interest rate cuts ...
Reform has launched a blistering attack on the Bank of England for wasting tens of billions of taxpayers’ cash on its ...
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MILLIONS of Nationwide customers will see a major change to accounts take effect today. The move will hit loyal savers using ...
The Pound Australian Dollar ( GBP/AUD) exchange rate zig-zagged last week following a number of economic releases and a ...
DUBLIN] Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to ...
The ombudsman can currently direct businesses to pay 8% interest on top of the compensation for the period their customer was ...
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