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Bank of England set to keep UK interest rates on hold

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Overview
 · 9h
Bank of England governor says inflation is set to reach target level sooner than expected
The U.K. is set to reach its target level of 2% inflation earlier than expected, Bank of England governor Andrew Bailey has told CNBC.

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 · 11h
Bank of England Maintains Interest Rate at 3.75% With Inflation Still Above Target
 · 10h
Bank of England holds rates steady at 3.75% in knife-edge vote
 · 16h
Bank of England to downgrade growth, City predicts
The Bank of England will today cut its forecasts for growth amid rising unemployment, City economists have predicted.

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 · 10h
Bank of England governor announces ‘good news’ on inflation after holding interest rates, and ‘shock’ over Mandelson – business live
 · 23h
Bank of England expected to hold interest rates

Euro zone inflation dips

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 · 1d · on MSN
Euro zone inflation cools to 1.7% in January, flash data shows
Euro zone inflation cooled to 1.7% in January, flash data from statistics agency Eurostat showed Wednesday. Economists polled by Reuters had expected the inflation rate to dip to 1.7%, down from 2% in December.

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 · 1d
Eurozone inflation falls to 1.7% in January
Cryptopolitan on MSN · 1d
Eurozone inflation falls in January, boosting rate-pause hopes
 · 12h
Eurozone Inflation Sinks Below ECB Target Ahead of Rate Decision
Eurozone inflation fell further below the European Central Bank’s target in January, and is expected to remain under that 2% mark over the next two years.

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 · 1d
Morning Bid: Euro zone faces inflation hurdle before ECB
 · 22h
Rising euro, falling inflation in focus at ECB meeting
4hon MSN

Fact check: Trump repeats lies about inflation, immigration and elections in NBC interview

When President Donald Trump claimed to NBC Nightly News anchor Tom Llamas in a Wednesday interview that “I’m getting – starting to get great polls on the economy,” Llamas quickly pushed back by noting that Trump’s polling on the economy is “not great.
17h

US inflation isn't subsiding. It's heating up again

The main reason political pressure on the Federal Reserve has not caused markets to price in deeper interest rate cuts is perhaps the simplest: U.S. inflation is just too high to justify it, and there are signs it may be picking up again.
2d

What AI Predicts About the Future of Inflation — and Your Wallet

Can AI forecast inflation? See what ChatGPT and Claude predicted about prices, tariffs and wallets -- as well as where experts say they missed the mark.
14d

Prices ticked up in November as Americans keep spending, a key inflation measure shows

The Federal Reserve’s preferred inflation gauge ticked up in November in the latest sign that price increases remain stubbornly elevated
1hon MSN

Argentina Inflation Battle Jolts Confidence in Milei’s Overhaul

The resignation of Argentina’s statistics chief over delays in updating the inflation index has stirred up memories of price meddling.
2don MSN

Australia raises rates for first time since late 2023 as inflation hits six-quarter high

This comes as the country sees its highest level of inflation in six quarters.
9hon MSN

Egypt's inflation expected to dip to 11.7% in January: Reuters poll

CAIRO, Feb 5 (Reuters) - Egypt's headline inflation is forecast to have softened to 11.7% in January from 12.3% in December, a Reuters poll found on Thursday, with analysts saying that a favourable base effect and cooling food prices had helped.
5h

Is federal government spending really to blame for higher inflation? It’s not clear cut

Government spending – federal, state and local – grew by less than consumer spending and business investment last year.
6d

US producer prices rose 0.5% in December, more than expected, on uptick in services inflation

U.S. wholesale prices rose a hotter-than-expected 0.5% in December. The Labor Department reported Friday that its producer price index — which measures inflation before it hits consumers — rose from November to December at the fastest pace in three months and faster than the 0.
7h

The Great Inflation Of 2021 Is Still Haunting The Fed

The surge of inflation that took hold after the pandemic is still hurting household budgets and still very much on the minds of officials at the Federal Reserve.
Yahoo Finance
10h

ECB rates unchanged, Lagarde: 'Inflation is in a good place'

The European Central Bank left interest rates unchanged on Thursday, with President Christine Lagarde saying policymakers are “in a good place” despite inflation falling below target, stressing that the ECB “cannot be hostage to one data point” as ...
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