UK’s Stubborn Inflation Fuels Expectations for More BoE Rate Hikes
UK’s inflation rate, which was expected to fall more significantly, dropped marginally to 8.7% in April from 10.1% in March,
Read more
Bank of England
Bank of England Hikes 75 Basis Points, Economy Expected to Fall Into Longest Recession on Record
The Bank of England delivered one of the largest rate hikes in 33 years on Thursday, which will soon be
Read more
Bank of England Embarks on Second Bond-Buying Spree, Warns UK’s Financial Stability Faces ‘Material Risk’
The Bank of England was forced to intervene in UK financial markets once again, as the country’s bond market remains
Read more
UK’s Mockery of Economics: Central Bank Simultaneously Embarks on QE, Rate Hikes After Kwarteng’s Fiscal Policy Blunder
It’s official: the Bank of England takes the cake for becoming the first bank to capitulate under the pressure of
Read more
Bank of England Admits It Is Helpless in Taming Inflation, Warns of ‘Apocalyptic’ Global Food Shortages
The Bank of England has finally thrown in the towel, admitting defeat in curbing out-of-control inflation that only became exasperated
Read more
Another Policy Error? Bank of England Hikes Rates Despite Uncertainty Over Economic Growth
The Bank of England on Thursday raised borrowing costs for the third consecutive time, amid surging inflation thats running at
Read more
UK High Court Denies Maduro’s Claim to Venezuela’s Gold
A bizarre legal battle has ensued between the UK government and the Venezuelan government, over $1 billion worth of gold
Read more
Bank of England Announces Increase To Quantitative Easing, Keeps Interest Rate at 0.1%
Much like the US, the UK economy also came to a standstill from coronavirus lockdowns and stay-at-home orders. As a
Read more