29 June 2023 Bank of England in No Mood to Entertain Thoughts of Interest Rate Cuts

The Bank of England pushed back against market expectations that showed it was expected to cut interest rates from 2024, warning inflation would prove too persistent in nature to facilitate lower r…

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28 June 2023 Bank of England Governor Suggests Market is Mistaken in Outlook for Bank Rate

Bank of England (BoE) Governor Andrew Bailey indicated on Thursday that Bank Rate may already have risen as far as it's likely to as a result of the recent increase in workforce pay and the rebound…

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23 June 2023 PMIs Confirm Inflationary Pressures Alive and Well

The UK economy continued to slow in June according to a survey that also revealed significant inflationary pressures remain embedded in the economy.

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23 June 2023 Inflation Difficulty at BoE a Possible Sign of the Risks in Europe and Elsewhere   

The inflation situation faced by the Bank of England (BoE) is in one way potentially a sign of things to come for the European Central Bank (BoJ) and any other central banks presiding over monetary…

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23 June 2023 UK Retail Sales Surprisingly Strong as Consumer Sentiment Continues to Rebound

UK retail sales unexpectedly rose by 0.3% in May according to ONS data released ahead of the weekend.

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22 June 2023 Bank of England To Hit 6.0% Says NatWest

The Bank of England has had a "crossing the rubicon" moment and will hike interest rates by a further 100 basis points before the year is done says NatWest Markets.

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22 June 2023 Bank of England Hikes to Result in 1.2 Million UK Household Insolvencies This Year says NIESR

By the end of 2023 more than a million households (4% of all UK households) will run out of savings as a result of higher UK interest rates according to research from the NIER.

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