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Tag: BANK OF ENGLAND

Europe’s private credit ties to banks deepen as default risk rises
Business

Europe’s private credit ties to banks deepen as default risk rises

March 15, 2024March 15, 2024

Europe’s personal credit score funds are more and more borrowing from banks to spice up their efficiency, fueling issues concerning the wider dangers posed by

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UK inflation holds steady at 4% to ignite BoE rate-cut debate
Business

UK inflation holds steady at 4% to ignite BoE rate-cut debate

February 17, 2024February 17, 2024

Inflation within the United Kingdom held regular at 4% in January, defying forecasts of an increase, official information confirmed Wednesday, as decrease meals costs helped

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BoE, like US Fed, edges toward rate cuts – but not quite yet
Business

BoE, like US Fed, edges toward rate cuts – but not quite yet

February 3, 2024February 3, 2024

The Bank of England (BoE) on Thursday adopted within the footsteps of the U.S. Federal Reserve (Fed) to open up the potential of reducing rates

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UK inflation halts 10-month slide to scale back bets on BoE rate cut
Business

UK inflation halts 10-month slide to scale back bets on BoE rate cut

January 17, 2024January 17, 2024

Consumer value inflation within the United Kingdom elevated unexpectedly final month, official figures confirmed Wednesday, dashing expectations of a slowdown, dimming hopes of an early

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ECB, BoE insist ‘higher for longer’ still needed as Fed stands alone
Business

ECB, BoE insist ‘higher for longer’ still needed as Fed stands alone

January 2, 2024January 2, 2024

Top European central banks on Thursday reaffirmed their dedication to sustaining coverage rates of interest greater for an extended interval to combat inflation, which is

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UK inflation eases to over 2-year low to bolster BoE rate cut bets
Business

UK inflation eases to over 2-year low to bolster BoE rate cut bets

December 28, 2023December 28, 2023

In November, inflation within the United Kingdom eased to its lowest fee in additional than two years, prompting buyers to pile additional into bets that

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Bank of England keeps rates at 15-year high, cautions over oil prices
Economy

Bank of England keeps rates at 15-year high, cautions over oil prices

November 2, 2023November 2, 2023

The Bank of England (BoE) on Thursday saved its principal rate of interest unchanged on the 15-year excessive of 5.25% and indicated that borrowing prices

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World central banks rally behind ‘higher for longer’ credo
Economy

World central banks rally behind ‘higher for longer’ credo

September 22, 2023September 22, 2023

Central banks of the world’s greatest economies have served discover that they may preserve rates of interest as excessive as wanted to tame inflation, at

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Jobless rate jumps in UK but wage growth points to another rate hike
Economy

Jobless rate jumps in UK but wage growth points to another rate hike

September 12, 2023September 12, 2023

The labor market within the United Kingdom confirmed extra indicators of cooling within the three months by means of July, in accordance with official knowledge

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UK inflation falls to 17-month low but unlikely to derail another rate hike
Economy

UK inflation falls to 17-month low but unlikely to derail another rate hike

August 16, 2023August 16, 2023

Consumer worth inflation within the United Kingdom eased as anticipated in July to its lowest in 17 months, primarily propelled by decrease vitality costs, official

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