The Bank of England's Monetary Policy Committee (MPC) uses interest rates to put a brake on the nation's spending.

It’s not perfect, but the central bank has been better than others in terms of honesty, humility, and willingness to learn ...

December’s inflation report will be published at 7.00am on 15 January. The team at MoneyWeek is reporting live.

Only two experts anticipate inflation falling beneath the Bank of England's 2 percent target by 2025, with 40 percent ...

Net zero policies are sharply driving up energy costs, the Bank of England has admitted, as officials battle to bring living ...

Most economists predict that inflation will stay at its current level – but expect it to increase later in the year ...

Inflation is set to rise to 3 percent in the spring, meaning the Bank of England is unlikely to cut interest rates in the ...

In November 2024, the Consumer Price Index (CPI) for the UK was reported at 2.6% compared to the same month last year, which matched what experts had predicted. This is an increase from October 2024, ...

The pound under severe pressure; a widening budget deficit; a yawning current account imbalance; stubbornly persistent ...

Policies designed to fight climate change 'probably' had a bigger impact on the inflationary upheaval of recent years than ...

Inflationary pressures are likely to prove frustratingly persistent, a Bank of England survey suggests, as firms prepare to ...

The dollar index was weaker and DHF Capital said persistent inflation could support the currency, with expectations of a hawkish Fed benefiting the dollar, adding that Wednesday’s. inflation data and ...