Bank of England Holds Rates at 4.5% as Iran War Reverses Cut Timeline
The Monetary Policy Committee paused its easing cycle after the oil shock pushed inflation back above comfortable levels
Latest reporting, analysis and explainers from National Herald UK.
The Monetary Policy Committee paused its easing cycle after the oil shock pushed inflation back above comfortable levels
The consensus view on the Bank of England's likely rate path has shifted significantly since the Iran war disrupted the…
The Monetary Policy Committee paused its easing cycle after the oil shock pushed inflation back above comfortable levels
Markets price an 85% chance of a June cut after inflation data undershot forecasts, raising hopes of mortgage rate relief…
The MPC voted 6-3 to hold, with three members pushing for an immediate cut as the economy shows signs of…
Falling energy prices and easing food inflation drove CPI to its lowest level since 2022, increasing pressure on the Bank…
With base rate cuts continuing, mortgage rates are falling. Here is what borrowers need to know.
Headline inflation has returned to near target, but the cost of living crisis has left permanent marks on household finances.…
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Headline inflation is near target but services inflation remains sticky. Here is what is happening to UK prices.