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The U.K. has been hopeful of a trade deal with the U.S., but had previously drawn up a list of items for potential ...
Bank of England policymaker Megan Greene said U.S. President Donald Trump's tariffs would probably lead to lower rather than ...
Megan Greene was speaking weeks ahead of the Bank’s next monetary policy meeting, where it is expected to cut interest rates.
However, inflation remains above the Bank of England's target of 2% and is set to rise to over 3% in April due to a confluence of factors, including higher domestic energy bills as well as the ...
The Bank of England has forecast inflation to rise further this year to 3.7%, and stay above its 2% target until the end of ...
Some of these increased costs will feed into the next set of inflation data published in May. As a result, analysts think ...
Bank of England Governor Andrew Bailey has suggested that he was more concerned about tariffs' impacts on UK growth than on ...
Bank of England Governor Andrew Bailey said Thursday that the central bank is focused on the potential U.K. growth shock from ...
LSEG data suggests a quarter point cut is inevitable on 8 May following remarks on inflation by a member of the Bank's ...
Greene said Britain's decision not to levy reciprocal tariffs meant it was likely to become a destination for cheaper goods ...
A Bank of England policymaker has said US trade tariffs are more likely to push down on UK inflation than to push it up, but that there are risks on both sides. Megan Greene told Bloomberg ...