The best way to set monetary policy is “to be cautious,” according to a Bank of England working paper from 2002. It goes on ...
Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be ...
The BoE cut interest rates to 4.5% from 4.75% and warned of “stagflation” amid looming recession woes in the U.K. PM Keir Starmer claims the ...
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...