Suban Abdulla

1 week ago | gurutrade.com | Suban Abdulla |Sonali Paul

BoE to announce June rate decision at 1100 GMT Economists predict 7-2 vote to keep rates at 4.25% BoE Governor Bailey has said rate cuts will be 'gradual' Data shows slowing economy, inflation, wages Escalating Middle East conflict poses fresh challenge LONDON, June 19 (Reuters) - Britain's central bank looks set to keep interest rates on hold on Thursday as it waits to see if the economy and inflation continue to weaken, or whether the country will be hit by an energy price shock from the...

2 weeks ago | gurutrade.com | David Milliken |Suban Abdulla

LONDON, June 13 (Reuters) - The British public's expectations for inflation over the medium term remained at their highest in several years although short-term expectations fell, according to a Bank of England survey on Friday ahead of its interest rates decision next week. The central bank looks closely at surveys of the inflation expectations among the public and investors for a guide as to how likely people are to seek wage rises or accept higher prices for goods and services.

2 weeks ago | msn.com | Suban Abdulla |David Milliken

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2 weeks ago | gurutrade.com | Suban Abdulla |David Milliken

LONDON, June 12 (Reuters) - The Bank of England on Thursday allotted a record 68.929 billion pounds ($93.52 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record of 68.106 billion pounds last week. BoE official Vicky Saporta said on Wednesday that banks operating in Britain should make more use of the BoE's repo facilities, as central bank bond sales and other loan repayments drain liquidity.

2 weeks ago | uk.marketscreener.com | Suban Abdulla |David Milliken

Published on 12/06/2025 at 07:03, updated on 12/06/2025 at 10:53LONDON (Reuters) -Britain's economy slowed sharply in April, reflecting shockwaves from U.S. President Donald Trump's announcement of wide-ranging tariffs and a one-off hit from the end of a tax break on property sales, official data showed on Thursday.