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Economy set for ‘soft landing’ as IMF upgrades UK growth forecasts
PA Media: Money via Yahoo Finance· 7 hours agoIt comes after the UK economy fell into recession over the latter half of 2023, with declines of...
Rates should be cut to 3.5% by end of 2025, IMF says
BBC via AOL· 10 hours agoSuch a move could see the Bank of England cut its key rate by up to seven times from its current level of 5.25%. The...said the report "clearly shows...
UK inflation rate: How fast are prices rising?
BBC via AOL· 12 hours agoEnergy prices surged again when Russia invaded Ukraine, cutting global supplies. Why does putting up interest rates help to lower inflation? The Bank of ...
New approaches may be needed to regulate AI, says Bank of England policymaker
Reuters· 17 hours agoArtificial intelligence could be fundamentally disruptive but help boost productivity in Britain's ...
Bank of England on course for summer rate cut, suggests deputy governor
The Telegraph via Yahoo Finance· 1 day agoMr Broadbent said: “Firms feel less able than they did last year to pass through in full these...
Significant UK inflation was ‘unavoidable’, says Ben Bernanke
PA Media: Money via Yahoo Finance· 6 days agoDr Bernanke also found that Bank staff were using “out-of-date” software which had...inflation even...
BoE’s Bailey sets out reserves plans as bank unwinds huge bond purchases
WSAU Wausau· 6 hours agoBy David Milliken and William Schomberg LONDON (Reuters) -Bank of England Governor Andrew Bailey set...
Taylor Swift’s ‘Eras Tour’ could be worth almost $1 billion to British economy
CNN Business via Yahoo Finance· 7 days agoIt is just the latest example of “Swiftonomics” — the musician...ability to influence the economies...
Morning bid: New highs hold as disinflation resumes, US cools
WSAU Wausau· 6 days agoA look at the day ahead in U.S. and global markets from Mike Dolan World stocks notched new records and the dollar nursed its worst day of the year as fears of an overheating ...
BOE’s Broadbent Says UK Interest Rates May Drop This Summer
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- The Bank of England will be able to cut interest rates “some time over the summer” if...