Sign in
Stories
UK Inflation Expected to Fall, Interest Rates Unchanged, Uncertainty Surrounding Unemployment Measure
Share
UK Inflation Expected to Fall in Line wi...
UK Inflation Expected to Fall, Interest ...
UK Inflation Expected to Fall, Unemploym...
UK Inflation to Fall, Unemployment Measu...
Overview
API
UK inflation is expected to fall in line with other countries, driven by a drop in energy bills. The Bank of England has decided to keep interest rates unchanged, citing the need for monetary policy to remain tight. The accuracy of the new unemployment measure is questioned, raising concerns for the Bank of England. UK businesses are pessimistic, leading to hiring freezes and staff cuts. The Bank of England Governor expresses concerns about wage growth being too high for the inflation target.
Ask a question
How might the drop in energy bills impact the overall UK economy?
How might the pessimism of UK businesses affect consumer spending and economic growth?
What are the potential implications of the new unemployment measure?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Jun 2023
Aug 2023
Oct 2023
Coverage
evesh
gazet
knuts