Get access to our best features
Get Started
Subscribe
Israeli-Palestinian Conflict
2024 US Election
Donald Trump
NFL
US Politics
US Economy
US Crime
Joe Biden
US Social Issues
Baseball
Republican Party
Senate
TikTok
Get access to our best features
Get Started
Published 2 years ago

'Significant' interest rate rise to come, Bank of England chief economist suggests

Summary by Ground News
Bank of England chief economist Huw Pill said the government's latest economic announcement will require "a significant monetary policy response" Mr Pill said there will be "challenging times" to bring inflation back to the regulator's 2% target. The pound rose 0.85% in response to the announcement.

0 Articles

All
Left
Center
Right
BBC NewsBBC News

Bank of England economist hints at 'significant' rate rise

The central bank's chief economist signalled in a speech it could not be 'indifferent' over the pound's slump.

2 years ago·United Kingdom
Read Full Article
The GuardianThe Guardian

Kwarteng’s tax cuts will force ‘significant’ interest rate rises by Bank of England

Chief economist says mini-budget will increase inflationary pressure in remarks likely to further spook mortgage borrowers

2 years ago·London, United Kingdom
Read Full Article
The IndependentThe Independent

Bank of England chief economist says pound slump will ‘require significant response’

The Bank of England’s chief economist has said that slump in the value of the pound will require a “significant monetary policy response”.

2 years ago·London, United Kingdom
Read Full Article
ReutersReuters

Bank of England's Pill sees "significant" move, but only in November

The Bank of England is likely to deliver a "significant policy response" to finance minister Kwasi Kwarteng's huge tax cuts but it should wait until its next scheduled meeting in November before making its move, BoE Chief Economist Huw Pill said.

2 years ago·United Kingdom
Read Full Article
Metro NewsMetro News

Bank of England hints at 'significant' response to mini-budget

The Bank’s chief economist Huw Pill warned they ‘cannot be indifferent’ to the developments of the past days (Picture: Reuters)The Bank of England has signalled it is preparing a ‘significant monetary policy response’ to Kwasi Kwarteng’s mini-budget, which saw the pound plummet to a record low.After a day of turmoil in the markets, the Chancellor sought to reassure City investors he was ‘confident’ his tax-cutting strategy will deliver the promi…

2 years ago·London, United Kingdom
Read Full Article
The TelegraphThe Telegraph

Tuesday evening UK news briefing: Bank of England signals 'significant' response to pound's fall

Also from this evening's Front Page newsletter: Duke and Duchess of Sussex 'demoted' on Royal family website. Sign up below

2 years ago·London, United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
Ground News Article Assistant
Not enough coverage to generate an Article Assistant.

Bias Distribution

  • 47% of the sources are Center
47% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Kwasi KwartengKwasi Kwarteng
EuropeEurope
BusinessBusiness
TaxesTaxes
Central BankCentral Bank
EconomyEconomy
Interest RatesInterest Rates
Trending Topics
Ground News logo
US
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble Newsletter
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc.
News
For You
Search
BlindspotLocal