Page 4 - Rob Clarry News Today

12 July: Bank Of England Still Likely To Hike Rate In August US inflation stood at 3% in the year to June, down from 4% in the 12 months to May. Falling

22 June: Half-Point Rise Likely To Trigger Further Loan Hikes The Bank of England has hiked its Bank Rate today by 0.5 percentage points from 4.5% to 5%

21 June: Decline In Food Inflation Only Crumb Of Comfort Inflation remains stuck at 8.7% for the second consecutive month in the year to May 2023. The s

With inflation stuck at 8.7%, economists said a jump straight to 5% interest rates might be needed

“While inflation’s not risen, it’s not heading in the direction that the Bank of England wants to it to go. Given that we’re likely to see CPI end the year at

15 June: All Eyes On Bank Of England After US Fed And ECB Moves The European Central Bank (ECB), as expected, has announced it is raising interest rates

14 June: Hike Could Land In July To Tackle Rising Core Prices The Federal Reserve, the US equivalent of the Bank of England, has left its target benchma

13 June: Steep Fall May Not Prevent Rate Hike In July US inflation cooled by slightly more than expected to 4% in the year to May, down from 4.9% record

John Choong, an equity analyst at InvestingReviews.co.uk: "While Wednesday's inflation number finally dropped below double digits, it still came in

The Bank of England (pictured) has already raised interest rates 12 times since December 2021, taking them from 0.1% to 4.5%.