Latest economic forecasts from the Bank show it expects inflation to peak at 4% this year, against a previous prediction of 2.5%, as it says some "modest tightening" of monetary policy is likely to be needed in due course to cool cost pressures.

Reuters

United Kingdom

Sterling holds gains as BoE sticks with stimulus despite inflation

Bank of England rate-setters keep rates at record low of 0.1% and maintain economic stimulus programme.

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Government of the United Kingdom

UK interest rates held at record low despite inflation fears

LONDON (AP) — The Bank of England indicated Thursday that interest rates could rise over the couple couple of years as it painted a fairly rosy picture about the near-term prospects for the British economy following the lifting of lockdown…

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Independent Media

United States

Bank of England hints at rate rise amid buoyant UK recovery

LONDON - The British pound briefly extended its rise on Thursday after the Bank of England kept interest rates and its bond-buying programme on hold while largely sticking with its forecasts for an economic recovery. Investors will be closely watching for any signals from the central bank when the BoE governor speaks later at a news conference on plans for how it will eventually reverse

The Woodbridge Company

THE BANK OF ENGLAND (BOE) will today announce its interest rates decision which could see a hike in rates years earlier than expected in the face of looming inflation.

Daily Express

Reach plc

Interest rates LIVE: Bank of England poised to shock markets TODAY with unexpected hike

The Bank of England has kept its main interest rate unchanged at the record low of 0.1% and says it expects the British economy to reach its pre-pandemic level by the end of the year

abc News

The Walt Disney Company

The Bank of England left its monetary policy unchanged on Thursday, but raised its inflation forecasts.

CNBC

Roberts family

Bank of England keeps policy unchanged, warns of 'more pronounced' period of inflation

Threadneedle Street warning over rising prices comes as policymakers split over the scale of Covid stimulus for the economy

The Telegraph

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David and Frederick Barclay

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Greater London

England

Inflation to hit 4pc, warns Bank of England

The Bank of England kept the size of its bond-buying programme unchanged and held its benchmark interest rate at a historic low of 0.1% today, but gave fresh clues as to how it would start weaning the economy off pandemic support.

RTÉ

Government of Ireland

Ireland

Bank of England leaves interest rates unchanged

The Consumer Prices Index hit an above-target 2.5 percent in June as Britain lifted virus curbs.

IBTimes

IBT Media

Bank of England mulls inflation threat

LONDON -- The Bank of England kept the size of its bond-buying program unchanged and held its benchmark interest rate at a historic low of 0.1% on Thursday. Read More

Financial Post

Leon Cooperman

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Canada

Bank of England keeps rates and size of bond-buying plan on hold

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The Bank of England said U.K. inflation will spike higher than expected above 4%. Officials reckoned on the need for some “modest tightening” in due course. The BOE’s stance still chimes with a global hawkish shift. In New Zealand, officials drew an abrupt end to their own quantitative easing program in July.

Bank of England warns inflation will rise to double target rate as upgrades future growth

Bank of England warns inflation will rise to double target rate as upgrades future growth

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