UK inflation Archives - Financial Mirror

BoE must ‘do right thing’, cut rates in summer

The Bank of England must not be tempted to use a smaller-than-expected drop in inflation in March to delay interest rate cuts further, warned the CEO of a leading independent financial advisory

18th April 2024

Markets/World

Investors remain cautious

By Naeem Aslam Investors are taking a cautious approach when it comes to taking risks. This week’s economic data hasn’t been so supportive of their investment thesis, and hence they are

16th February 2024

Markets/World

UK in recession, but that’s unlikely to sway BoE

By Craig Erlam The UK fell into recession in the second half of last year after GDP figures for the fourth quarter showed a steeper contraction than expected. While a recession was

15th February 2024

Markets/World

BoE rate cut pause a ‘failure’

The Bank of England’s Monetary Policy Committee (MPC) decided on Thursday to keep interest rates at 5.25%, unchanged for the fourth consecutive time, with a leading asset manager saying this showed the

1st February 2024

Markets/World

UK inflation surprise, soft Chinese data, Q1 ECB rate cut likely

By Craig Erlam It was a rough day of trading on Wednesday, with data from China and the UK not aligning with the optimistic position investors have committed to at the start

18th January 2024

Markets/World

Stocks fall on earnings, GBP weakens, oil higher

By Edward Moya US stocks are declining on soft earnings, rising rates, and as the risks grow for a potential widening of the Israel-Hamas conflict. Wednesday’s round of earnings from Morgan Stanley,

19th October 2023

Markets/World

BoE must stop, not just pause rate hikes

The Bank of England’s recent decision to pause interest rate hikes has been met with relief, but it should go further and stop hikes altogether, warned the CEO of a leading independent

22nd September 2023

Markets/World

BoE decision a coin toss after encouraging inflation report

By Craig Erlam Everyone at the Bank of England undoubtedly breathed a collective sigh of relief on Wednesday, joining the rest of us, as inflation subsided much more than expected in August.

21st September 2023

Markets/World

Cautious start to week, central bank meetings ahead

By Craig Erlam A cautious start to the week ahead of a bunch of central bank meetings that will likely set the tone for the remainder of the year. There’s every chance

19th September 2023

Markets/World

BoE pause may not be as far away as thought

By Craig Erlam A big couple of weeks are in store for the Bank of England and Friday’s figures may support the case for a more balanced debate on September 21,

8th September 2023

Markets/World