Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget. [Source]
Publication Date:Origin: nytimes.com
Category: Inflation (Economics)
Topics: budget, increases, spending, introduced, government, forecasts, inflation, higher, gradual, would, future, central, Inflation, Stickier, Signals, Rates, Interest, England
Source: https://www.nytimes.com/2024/11/07/business/bank-of-england-interest-rates-inflation.html