Bank of England – Page 6

U.K. Inflation Falls to 2.3 Percent, Lowest in Three Years

The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.

By Eshe Nelson

Gross domestic product increased 0.6 percent in the first quarter, after shrinking the two previous quarters.

By Eshe Nelson

Gross domestic product increased 0.6 percent in the first quarter, after shrinking the two previous quarters.

By Eshe Nelson

A rate cut could come as soon as this summer as the central bank forecast that inflation would drop to its 2 percent target.

By Eshe Nelson