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The International Monetary Fund has slashed its forecasts for the UK economy on the back of Donald Trump's trade tariff ...
Megan Greene was speaking weeks ahead of the Bank’s next monetary policy meeting, where it is expected to cut interest rates.
However, inflation remains above the Bank of England's target of 2% and is set to rise to over 3% in April due to a confluence of factors, including higher domestic energy bills as well as the ...
Some of these increased costs will feed into the next set of inflation data published in May. As a result, analysts think ...
The Bank of England has forecast inflation to rise further this year to 3.7%, and stay above its 2% target until the end of ...
Greene said Britain's decision not to levy reciprocal tariffs meant it was likely to become a destination for cheaper goods ...
Read Less Expectations of a Bank of England interest rate cut in May blossomed on the news that inflation fell to 2.6% in the year to March, writes Kevin Pratt. The annual rate at which prices are ...
The consumer-price index rose 2.6% in March from a year earlier, slowing from an annual rate of inflation of 2.8% in February, the U.K.'s Office for National Statistics said Wednesday. Inflation came ...
A Bank of England policymaker has said US trade tariffs are more likely to push down on UK inflation than to push it up, but that there are risks on both sides. Megan Greene told Bloomberg ...