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UK inflation was 3.4% in May
The recent inflation data indicating a 3.4% increase in the UK supports predictions that the Bank of England may maintain its current interest rate to balance economic stability.
Read Full Article →UK inflation jumps to 3.5% in April
The unexpected increase in the UK’s inflation rate to 3.5% in April may influence the Bank of England’s decision-making regarding the timing of future interest rate adjustments.
Read Full Article →UK wage growth eases as jobs market weakens
The slowdown in salary increases alongside a softening employment sector suggests the Bank of England may maintain a prudent stance on reducing interest rates in the near future.
Read Full Article →Bank of England vote split hits hopes for faster interest rate cuts
The divided decision by the Bank of England reflects ongoing uncertainty about the UK’s economic trajectory and raises concerns about various challenges that may influence future m...
Read Full Article →Bank of England cuts rates by a quarter point to 4.25%
The recent reduction in interest rates by the Bank of England may influence borrowing costs and economic activity as negotiations continue toward a US-UK trade agreement.
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