Carney on ‘Kudlow’: We Need a National Inflation Day Protest This June
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Bank of England governor shrugs off smaller-than-expected fall in inflation
Andrew Bailey says inflation is in line with BoE forecasts but view of markets is that data will delay interest rate cutsAnalysis: Sunak hopes of pre-election rate cuts frustratedThe governor of the Bank of England, Andrew Bailey, has shrugged off a smaller-than-expected drop in inflation last month, saying he expected a sharp fall towards the government’s 2% target next month.Speaking in Washington after news that the government’s preferred measure of the cost of living had eased to 3.2% in...
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High commodity prices could keep inflation elevated, World Bank warns
Sustained high levels of energy and commodity prices could drive global inflation upwards, the World Bank has warned today.
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Bank of England rate-setter Ramsden ‘more confident’ inflation pressures receding
Dave Ramsden, one of the nine Monetary Policy Committee (MPC) members, told an audience in Washington that he was now "more confident" that inflationary pressures were receding.