Bank’s latest projections show officials expect GDP to expand by 1.7 per cent this year Economics
THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS Events
Giving evidence to MPs, the Bank's chief economist Huw Pill warned interest rates might not fall as fast as hopes because there is still 'more work to do' to tackle price pressures. Events
Deputy governor Dave Ramsden says interest rate cuts must be gradual Events
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged Politics
Transport costs - such as air fares and petrol prices - were among the biggest drivers of the higher rate of CPI inflation , which had stood at 2.5 per cent in December. Economics