Bank of England
The Bank of England (BoE) is the UK's central bank. Amongst other responsibilities, the bank independently adjusts its core interest rate in order to keep inflation close to the country's 2% target. The BoE also regulates and supervises all major UK banks, building societies, credit unions, and investment firms.
Stories Related to Bank of England
Claims from Bank of England
Bank of England"The MPC's [Monetary Policy Committee's] latest projections indicate that monetary policy is likely to need to be restrictive for an extended period of time."Jun 20, 2024
Bank of EnglandWhile inflation will reach 2% in the "near term," the rate will increase again to approximately 2.5% in the "second half" of 2024.May 09, 2024
Bank of England"CPI inflation is now projected to fall temporarily to the 2% target in 2024 Q2 before increasing again in Q3 and Q4."May 29, 2024
Bank of England"We expect inflation to keep falling next year and meet our 2% target by late 2024."May 11, 2023