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BOE's Pill Says Rates Must Be 'Sufficiently High' for Some Time

BOE's Pill Says Rates Must Be 'Sufficiently High' for Some Time
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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BOE Chief Economist Says Rates Must Stay 'Sufficiently High' for Some Time

(Bloomberg) The Bank of England’s chief economist signaled UK interest rates may not have to rise much further to contain inflation that he said remains far too strong.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallHong Kong to Shut Down City Before Super Typhoon Saola HitsSingapore S$1 Billion Laundering Scandal Embroils Its Banking GiantsStocks Up Again in ‘Bad News Is Good News’ World: Markets Wr ....

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UK Holiday Costs Drive Stronger Than Expected Inflation

(Bloomberg) UK inflation remained higher than expected last month as the cost of travel and holidays climbed, adding to the case for the Bank of England to raise interest rates again.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTycoon’s Fortune Soars $39 B ....

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UK Households On Track For First Real Pay Increase In 19 Months

UK Households On Track For First Real Pay Increase In 19 Months
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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