Weak UK inflation strengthens Bank of England’s rate cut advocates

The European Central Bank may be running low on firepower, but market volatility and falling inflation expectations tied to the COVID-19 outbreak provides growing pressure to act more aggressively than previously expected, analysts say......»»

U.K. stocks moved modestly higher on Wednesday, bucking more sluggish activity across Europe as investors focused on U.S.-China trade tensions, and weighed up some British data and Bank of England comments......»»

Official figures show that inflation in Britain dipped in May, back to the Bank of England's target, amid lower air fares and car prices......»»

Official figures show that inflation in Britain rose in April above the Bank of England's target rate following an uptick in energy prices and airfares......»»

Ahead of a heated federal election in Australia, a muted inflation report accelerates bets for the national central bank to cut rates in two weeks......»»

British inflation unexpectedly cooled to a one-year low in March, raising some doubts over bets the Bank of England will raise interest rates in May. As Laura Frykberg reports, the data sent sterling tumbling......»»

With UK GDP numbers for the first quarter pointing to a much sharper slowdown than expected, investors are cutting their bets on a Bank of England rate hike in May. Silvia Antonioli reports......»»

The U.S. dollar edged back Thursday as the British pound strengthened before the Bank of England unveils its latest rate decision. Data on U.S. consumer price inflation for April is due......»»

The Bank of England on Thursday left its key interest rate at 0.5%, meeting widely held expectations. The Monetary Policy Committee voted 7-2 to make no changes in policy, a decision that comes as inflation has slowed to a 2.5% rate but is.....»»

The U.K.’s main equity gauge loses ground Thursday, as analysts remain worried about global trade tensions and brace for an interest-rate decision and inflation update from the Bank of England......»»

The Bank of England is expected to raise its benchmark interest rate Thursday for only the second time since the 2008 financial crisis as it weighs a strong jobs market and high inflation against the growing concerns about the economic impact of Brexit......»»

The Bank of England raised its benchmark interest rate for only the second time in a decade, as worries over inflation trumped concerns about Brexit and a brewing global trade war......»»

The Bank of England raised its benchmark interest rate for only the second time in a decade, as worries over inflation trumped concerns about Brexit and a brewing global trade war......»»

August 2018 Bank Of England Rate Rise: Impact On Inflation, Markets And Recession Risk.....»»

Brazil’s central bank left its benchmark interest rate unchanged Wednesday amid sluggish economic growth, slow inflation, political uncertainty and a weak currency, and said its next decision will depend on the economy’s performance......»»

For Mark Carney’s number-crunchers, improving wage data is much more important than restrained inflation when considering a rate hike......»»

Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting rates until the U.S. makes sustained progress in bringing down inflation. The Fed chief.....»»

"The acceleration of inflation this year makes a cut p.....»»

US jobs and oil demand data boosted markets, a.....»»

The pound wobbled and the yield on short-term U.K. bonds edged higher on Thursday, after the Bank of England said the pace of continuing government bond purchases can be "slowed somewhat.".....»»