Bank of England deputy governor Ben Broadbent (pictured) said a rate cut is 'possible' this summer with figures expected to show inflation close to 2%.
UK interest rates could be cut by the Bank of England as soon as this summer, according to its deputy governor. Ben Broadbent, deputy governor of the central bank, said in a speech on Monday ...
The European Central Bank is expected to begin cutting eurozone interest rates from historic highs this week, but sticky inflation means the move is unlikely to kickstart a rapid easing cycle.
UK rate-setters hold rates at 5.25 per cent for the sixth time On-target inflation figures later this month should strengthen case for summer rate cuts The Bank of England’s Monetary Policy Committee ...
The Bank of England has given its strongest hint yet that interest rates could be cut this summer. Bank deputy governor Ben Broadbent said in a speech that a summer rate cut was "possible". His ...
Consumer Prices Index (CPI) inflation slowed to 2.3 per cent in April, down from 3.2 per cent in March, according to the ...
Frankfurt (Germany) (AFP) – The European Central Bank did not have to take its cues from the US Federal Reserve and could ...