U.K. Inflation Reaches 10-Month High, Complicating Bank of England’s Rate Path
Consumer prices were 3.0% higher in January than a year earlier, up from 2.5% in December, complicating the picture for the ...
Bank of England’s Bailey plays down inflation fears as jobs data underwhelms
"We spent a lot of time on the pay issue in the monetary policy report," he said, adding that the bank expects wage growth to ...
U.K. Wages Gather Pace, Complicating Bank of England’s Task Ahead
Wages grew at a faster rate in the U.K. at the end of last year, posing a potential headache for the Bank of England after it ...
Bank of England still likely to cut rates despite surging wages, says Bailey
Andrew Bailey said the Bank of England was likely still on track to cut interest rates again this year despite surging pay ...
Bank of England still on track to cut interest rates despite surging wages
"Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey said at an event in Brussels.
Bank of England's Bailey says inflation is slowing, 2025 jump will not last
Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing and an expected ...
UK inflation rate hits 3% in January, sparking concerns at the Bank of England
The headline rate of inflation picked up to 3.0 per cent in January, according to new figures from the Office for National ...
BoE's Bailey says latest labour data in line with forecasts
The latest UK jobs market data published earlier on Tuesday does not change the Bank of England's broad expectations for the ...
Bank of England chief says UK facing ‘weak growth environment’
Andrew Bailey said the world was experiencing a period of ‘heightened uncertainty’ which could have an impact on global ...
UK inflation hits 3.0% in January to challenge Bank of England as cost fears continue
Grant Fitzner, chief economist at the ONS, said: "Inflation increased sharply this month to its highest annual rate since ...
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Andrew Bailey is at risk of another major policy blunder
Underlying these high figures is the continued strong growth of pay, which will be bolstered by increases in the National Living Wage ... the Bank of England – led by Governor Andrew Bailey ...
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Bank of England Governor Andrew Bailey on interest rates, inflation, energy prices and labour force data
The governor of the Bank of England has said there will be a "gradual and careful" approach to any further interest rate cuts. Governor Andrew Bailey was ... benefit (final salary) schemes have ...