Bank of England warns energy shock could force interest rate rises - London Business News
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
Bank of England warns energy shock could force interest rate rises - London Business News
The Bank of England has signalled that interest rates could rise later this year if escalating tensions in the Middle East trigger a sustained surge in energy prices and reignite… The post Bank of England warns energy shock could force interest rate rises appeared first on London Business News
Base rate on hold, for now - BuyAssociation Group
The Bank of England has held interest rates at 3.75% for a third consecutive meeting, but warned that further increases may be needed as inflation and energy prices come under pressure. The Monetary Policy Committee (MPC) voted 8–1 to keep Bank Rate unchanged, with Chief Economist Huw Pill voting for a rise to 4%. Inflation has increased to 3.3% and is likely to move higher later this year, driven mostly by disruption to global energy supplies f…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
