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Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years
Posted inBank of England Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates

Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years

As the economy cools, pressure is building on the Bank of England to cut interest rates.
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Posted by By Gregory Schmidt
Bank of England to Overhaul Its Forecasting After Inflation Surprises
Posted inBank of England Bernanke, Ben S Economic Conditions and Trends Government Bonds Inflation (Economics) Interest Rates Recession and Depression Stocks and Bonds

Bank of England to Overhaul Its Forecasting After Inflation Surprises

The review, which was led by Ben S. Bernanke, a former Federal Reserve chair, came after the central bank had been criticized for underestimating inflation.
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Posted by By Eshe Nelson
Bank of England Holds Interest Rates After U.K. Inflation Slows
Posted inBank of England Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates

Bank of England Holds Interest Rates After U.K. Inflation Slows

Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.
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Posted by By Eshe Nelson
U.K. Economy Shrank as 2023 Ended, Tipping Into Recession
Posted inBank of England Economic Conditions and Trends Great Britain Gross Domestic Product Inflation (Economics) Interest Rates Labor and Jobs Recession and Depression

U.K. Economy Shrank as 2023 Ended, Tipping Into Recession

Growth contracted 0.3 percent from October to December, the latest sign of a lackluster economy slowed by weak retail sales.
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Posted by By Eshe Nelson

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