inflation impact Bank of England interest rate decisions

UK inflation spikes to a 10-month high, likely to worry the Bank of England
Inflation in the U.K. rose to a 10-month high in January, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England.
Inflation could hit 4% this year: Would that stop the Bank of England cutting interest rates?
Inflation could hit 4 per cent this year if the Bank of England's forecasts only slightly exceed expectations. Yesterday, inflation unexpectedly jumped to 3 per cent in January, hitting its highest level in 10 months and higher than the 2.8 per cent financial markets had forecast.
U.K. Inflation Reaches 10-Month High, Complicating Bank of England’s Rate Path
Consumer prices were 3.0% higher in January than a year earlier, up from 2.5% in December, complicating the picture for the BOE after it said it would cut interest rates gradually.
Inflation jumps to 10-month high, knocking chance of early interest rate cut
UK inflation jumped more sharply than expected at the start of the year, posing a dilemma for the Bank of England as it considers further interest rate cuts amid weak economic growth. The Office for National Statistics (ONS) said on Wednesday that Consumer Prices Index (CPI) inflation rose to 3% in January from 2.
UK inflation sees further spike as it rises to a 10-month high
January's inflation figure is likely to slow down the Bank of England's delivery of interest rate cuts as inflation remains well above the central bank's government-set target. View on euronews
UK inflation jumps more than expected in January, testing the BoE's outlook
British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and is likely to rise further soon, ...
MoneyWeek3d
UK inflation rises by more than expected to 3%
The rate of UK inflation rose by more than expected in January to 3%, up from 2.5% in December. Analysts had been expecting a ...
Inflation rising? No worries, I've just bought a product to guard my wealth for the rest of my life
I spent £189,000 of my life savings on an annuity. I'll get £12,434.88 in the first year. But the beauty of it is, every year ...
UK inflation surges from 2.5% to 3% in another blow to Rachel Reeves
In a fresh blow to Rachel Reeves UK inflation has increased - driven by a rebound in airfares and significant hikes in ...
Sterling edges up after jump in UK inflation
The pound edged up on Wednesday, after data showed UK consumer inflation rose faster than expected in January, weakening the ...
UK wages continue to outpace inflation
Pay outstripped price rises by 3.4% between October and December while the unemployment rate remains unchanged.
Reform UK warns Rachel Reeves that doing this one thing will see inflation go higher
EXCLUSIVE - The Reform UK deputy has warned the Chancellor not to fuel further inflation with a harmful tax grab.
ons.gov.uk4d
Consumer price inflation, UK: January 2025
The Consumer Prices Index (CPI) rose by 3.0% in the 12 months to January 2025, up from 2.5% in the 12 months to December 2024 ...
Global stocks fall as traders await Fed minutes and digest surprise UK inflation jump
The FTSE 100 (^FTSE) and European stocks were mixed on Wednesday as traders digested news that UK inflation rose more than ...
UK inflation jumps by more than expected to 3.0%
LONDON (Reuters) -British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and it is likely ...
UK inflation rises to highest rate in 10 months as millions to be hit with bill hikes – what it means for your money
THE UK’s rate of inflation has reached the highest rate in ten months as millions of households brace for a bill blow. The ...