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Aug 1, 2024
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directly from the governor of the bank of england, added _ governor of the bank of england, added in think the important message to get across is this is— important message to get across is this is an _ important message to get across is this is an important staging post, this is an important staging post, this rate — this is an important staging post, this rate cut. it is important not 'ust this rate cut. it is important not just because of what it does to rates _ just because of what it does to rates of— just because of what it does to rates of borrowing on the economy, it is a _ rates of borrowing on the economy, it is a signal— rates of borrowing on the economy, it is a signal for the economy, for businesses — it is a signal for the economy, for businesses that want to invest. they are starting — businesses that want to invest. they are starting to come down, not drastically, but they are starting to come — drastically, but they are starting to come down. for households too. we have already _ to come down. for households too. we have already seen fixed mortgage rates _ have alrea
directly from the governor of the bank of england, added _ governor of the bank of england, added in think the important message to get across is this is— important message to get across is this is an _ important message to get across is this is an important staging post, this is an important staging post, this rate — this is an important staging post, this rate cut. it is important not 'ust this rate cut. it is important not just because of what it does to rates _ just because of what it...
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Aug 2, 2024
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the bank of england. — business operations. the bank of england, which _ business operations.business operations. the bank of england, which cut interest| of england, which cut interest rates for the first time in four years on thursday. the cost of borrowing was lowered from a 16 year high of 5.2% to 5%. naeem aslam, chief investment officer, zaye capital markets explained what precipitated the boe�*s decision to cut rates now. i think the signs were already there, in terms of the bank of england because my own mandate and the most important one was inflation meeting its target. if you look at how the overall situation in the uk's market, especially with respect to real estate, the borrowers, they are under massive pressure, in terms of the repayment, because if you have a mortgage of 300,000, and your payments were around £750 a month, but with a new interest rates, you are looking to pay something around £1100 or £1200, depending on the value you have in your product. so from a consumer's perspective and from the economy's perspective, this was coming, and then this was a r
the bank of england. — business operations. the bank of england, which _ business operations.business operations. the bank of england, which cut interest| of england, which cut interest rates for the first time in four years on thursday. the cost of borrowing was lowered from a 16 year high of 5.2% to 5%. naeem aslam, chief investment officer, zaye capital markets explained what precipitated the boe�*s decision to cut rates now. i think the signs were already there, in terms of the bank of...
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Aug 1, 2024
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of england — words, pay deals have put the bank of england cuts— words, pay deals have put the bankgland cuts at risks. does yourl of england cuts at risks. does your previous— of england cuts at risks. does your previous answer— of england cuts at risks. does your previous answer suggest _ of england cuts at risks. does your previous answer suggest you - of england cuts at risks. does your. previous answer suggest you disagree with that? _ previous answer suggest you disagree with that? and — previous answer suggest you disagree with that? and another— previous answer suggest you disagree with that? and another one _ previous answer suggest you disagree with that? and another one on - previous answer suggest you disagree with that? and another one on the - with that? and another one on the minimum — with that? and another one on the minimum wage, _ with that? and another one on the minimum wage, if— with that? and another one on the minimum wage, if i— with that? and another one on the minimum wage, if i may. - with that? and another one on the minimum wage, if i may. there i with
of england — words, pay deals have put the bank of england cuts— words, pay deals have put the bankgland cuts at risks. does yourl of england cuts at risks. does your previous— of england cuts at risks. does your previous answer— of england cuts at risks. does your previous answer suggest _ of england cuts at risks. does your previous answer suggest you - of england cuts at risks. does your. previous answer suggest you disagree with that? _ previous answer suggest you disagree with...
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Aug 14, 2024
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interest rates are that the bank of england uses to control inflation.t few years, it has been putting up last few years, it has been putting up interest rates, which affects everything from the amount you pay for your mortgage and other loans like carfinancing, and for your mortgage and other loans like car financing, and that has been putting a lot of pressure on people across the country. last month, the bank of england cut interest rates from five point two from 5.2 to 5%. still pretty high, around the highest in 15 years. but they are predicting that they will cut those interest rates over the next year or so, the concern would be that if inflation starts to take off again, perhaps you will have to retake that decision but i don't think it will.— think it will. fascinating stuff. thank you _ think it will. fascinating stuff. thank you very _ think it will. fascinating stuff. thank you very much - think it will. fascinating stuff. thank you very much for - think it will. fascinating stuff. i thank you very much for talking think it will. fascinating
interest rates are that the bank of england uses to control inflation.t few years, it has been putting up last few years, it has been putting up interest rates, which affects everything from the amount you pay for your mortgage and other loans like carfinancing, and for your mortgage and other loans like car financing, and that has been putting a lot of pressure on people across the country. last month, the bank of england cut interest rates from five point two from 5.2 to 5%. still pretty...
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Aug 14, 2024
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some are saying this could lead the bank of england, or prompt the bank of england to cut rates againn september. what are your thoughts? what are your expectations? yeah, well, the market is still pricing in two further interest rate cuts this year, with one in september and then one before we get to the end of the year. so that 25 basis points for september is not completely in the bag. but certainly after the announcement this morning, i think there seems to be more expectation from the market that that next cut will come to take us from 5% to 4.75%. the key thing in the inflation number that the bank of england had been worried about to date is actually in the services inflation. and if we look at the underlying figures that were reported this morning, we've seen that services inflation moderate a little further again. so that would lead you to believe that the bank of england have a pathway to cut interest rates again in september. this weekend, indonesia will hold its first major event at what will become its new capital city. presidentjoko widodo wants to replace jakarta, which
some are saying this could lead the bank of england, or prompt the bank of england to cut rates againn september. what are your thoughts? what are your expectations? yeah, well, the market is still pricing in two further interest rate cuts this year, with one in september and then one before we get to the end of the year. so that 25 basis points for september is not completely in the bag. but certainly after the announcement this morning, i think there seems to be more expectation from the...
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Aug 2, 2024
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the bank of england came forward with the rate cut yesterday.continue to see downward pressure on the pound, down 1% for the week. oil, keeping a close eye on that, down for the week. access is in talks to sell its asset management union to bnp paribas. it would create one of europe's largest money managers. they beat estimates after posting underlying profits of 4.2 4 billion euros for the first half of the year. there ceo joints me now. some of that pricing is coming through. your gross written premiums and other revenues have climbed. what to you point that strength to? >> good morning. we are happy with these numbers. 7% topline growth is something we have not seen for a long time. this is a good start to our new plan. obviously, insurance demand is high in times of higher uncertainty and high demand to cover risks, so we are positioned well, being one of the largest insurers for companies in the world and one of the largest in health and protection. those of the areas that are growing well. this is the result you can see today. >> and can y
the bank of england came forward with the rate cut yesterday.continue to see downward pressure on the pound, down 1% for the week. oil, keeping a close eye on that, down for the week. access is in talks to sell its asset management union to bnp paribas. it would create one of europe's largest money managers. they beat estimates after posting underlying profits of 4.2 4 billion euros for the first half of the year. there ceo joints me now. some of that pricing is coming through. your gross...
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Aug 13, 2024
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in a series of charity auctions organised by the bank of england. the new monarch's portrait sold for £17,000. we can have a look at the markets. a rather tepid day in europe, now at a close. the ftse 100 the ftse100 is up by a third of 1% although it did go into negative territory at one point today. the recent tensions in the middle east have affected the price of brent crude. it's the us which is setting the mood and over there, investors are cheering a drop in producer price inflation today, hoping it bodes well for consumer price inflation which is published on wednesday. that is it for the business until next time. hello, i'm annita mcveigh. some breaking news. a court in uganda has found a former commander of the notorious lord's resistance army guilty of numerous war crimes and crimes against humanity — including murder, kidnap and pillaging. thomas kwoyelo, who was arrested in 2009, denied all 78 counts. it is the first time an lra commander has been tried in the country. for two decades, the group terrorised northern uganda abducting thous
in a series of charity auctions organised by the bank of england. the new monarch's portrait sold for £17,000. we can have a look at the markets. a rather tepid day in europe, now at a close. the ftse 100 the ftse100 is up by a third of 1% although it did go into negative territory at one point today. the recent tensions in the middle east have affected the price of brent crude. it's the us which is setting the mood and over there, investors are cheering a drop in producer price inflation...
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Aug 1, 2024
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i think the signs were already there in terms of the bank of england's on mandate.uk market, especially with respect to... real estate, they are under massive pressure in terms of the repayment. if you have a mortgage of 300000 and payments werejust around 750 mortgage of 300000 and payments were just around 750 per month, the new interest rates, around 1100- £1200, the new interest rates, around 1100— £1200, depending on the value which you have in your wallet. i think from consumers' perspective and from the economy's perspective, this was coming and this was a right move that the bank of england had to make. but i think the there was another question for investors and traders — is this enough from the uk economy and how much the bank of england can do more? in order to ease the pressure on consumers. talking about the overall economy, as the new government in place in the uk, chancellor rager relieves has talked about physical burdens from the previous regime —— rachel reeves. i previous regime -- rachel reeves-— previous regime -- rachel reeves. ~ �* , ., ., ree
i think the signs were already there in terms of the bank of england's on mandate.uk market, especially with respect to... real estate, they are under massive pressure in terms of the repayment. if you have a mortgage of 300000 and payments werejust around 750 mortgage of 300000 and payments were just around 750 per month, the new interest rates, around 1100- £1200, the new interest rates, around 1100— £1200, depending on the value which you have in your wallet. i think from consumers'...
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Aug 14, 2024
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some are saying this could lead the bank of england, or prompt the bank of england to cut rates againare your thoughts? what are your expectations? yeah, well, the market is still pricing in two further interest rate cuts this year, with one in september and then one before we get to the end of the year. so that 25 basis points for september is not completely in the bag. but certainly after the announcement this morning, i think there seems to be more expectation from the market that that next cut will come to take us from 5% to 4.75%. the key thing in the inflation number that the bank of england had been worried about to date is actually in the services inflation. and if we look at the underlying figures that were reported this morning, we've seen that services inflation moderate a little further again. so that would lead you to believe that the bank of england have a pathway to cut interest rates again in september. indonesia is set to hold its first major event at what will be its new capital city this weekend. presidentjoko widodo wants to replace jakarta, which he says is pollut
some are saying this could lead the bank of england, or prompt the bank of england to cut rates againare your thoughts? what are your expectations? yeah, well, the market is still pricing in two further interest rate cuts this year, with one in september and then one before we get to the end of the year. so that 25 basis points for september is not completely in the bag. but certainly after the announcement this morning, i think there seems to be more expectation from the market that that next...
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Aug 2, 2024
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the bank of england pulls the trigger on its first interest rate cut in four years.ello and welcome to business today. i'm arunoday mukharji. it was a tough day on wall street, with the dow sliding nearly 500 points, as recession fears re—emerged. both the s&p 500 and the tech—heavy nasdaq also closed in the red. the report cards of tech giants amazon and apple didn't do much to lift the mood, either. our north america business correspondent michelle fleury has more on what sparked that sell—off. yes, not even amazon could lift wall street out of its funk. shares in the e—commerce giant fell more than 4%, after its reported sales grew 10%, to $148 billion. now, that marked a slowdown from the prior quarter, and it has forecast further weakening in the months ahead. it wasn't the only tech firm, either, that left investors with a sour taste. intel's stock plunged after the chip maker said it plans to cut 15,000 jobs and announced disappointing results and sales site that social media company, snap. the only bright spot, apple, despite a drop in iphone sales. wall stre
the bank of england pulls the trigger on its first interest rate cut in four years.ello and welcome to business today. i'm arunoday mukharji. it was a tough day on wall street, with the dow sliding nearly 500 points, as recession fears re—emerged. both the s&p 500 and the tech—heavy nasdaq also closed in the red. the report cards of tech giants amazon and apple didn't do much to lift the mood, either. our north america business correspondent michelle fleury has more on what sparked that...
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Aug 1, 2024
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wall street higher, but what's in store from the bank of england? shares in meta jump as the owner of facebook reveals bumper profits and says it will make money soon from al. and plugging in: as demand for electric vehicles grow, is the infrastructure in place? we have a special report on the race to fit chargers across the uk. live from london, this is business today. we begin in the us and the party on wall street as the most powerful central bank in the world wrapped up its rate setting meeting. the federal reserve decided to keep the cost of borrowing on hold for the eighth month in a row at between 5.25 and 5.5%. that's a 23—year high. but it was what the fed chair had to say that gave investors a boost. jerome powell gave the biggest hint yet that a september interest rate cut could be on the table. here's what he had to say. if we were to see, for example, inflation moving down quickly or more or less in line with expectations, growth remains, let's say reasonably strong and the labour market remains consistent with its current condition, i
wall street higher, but what's in store from the bank of england? shares in meta jump as the owner of facebook reveals bumper profits and says it will make money soon from al. and plugging in: as demand for electric vehicles grow, is the infrastructure in place? we have a special report on the race to fit chargers across the uk. live from london, this is business today. we begin in the us and the party on wall street as the most powerful central bank in the world wrapped up its rate setting...
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Aug 15, 2024
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i'm sure the bank of england _ of the way now. i'm sure the bank of england is _ of the way now. of england is watching quite closely. he warned when installation started to realise ugly head sometime ago he warned chief executives and the government against free to high wage deals. government against free to high wage deals-— wage deals. capital of that indeed. the _ wage deals. capital of that indeed. the question - wage deals. capital of that indeed. the question is . wage deals. capital of that l indeed. the question is what you will call high degree so that you get the country back to work. the really mignon du preez. that they can carry on like this for the moment because they have recently been well paid and at the same time there because of the economy real promise they have to try to get it fixed. it will even pay more for it. the question will be if they pay too much inflation and if all else falls on as well and what you have the problem in the 19705 where everyone is going to the same inflationary. i don't think you will see that this time. on the other hand the gover
i'm sure the bank of england _ of the way now. i'm sure the bank of england is _ of the way now. of england is watching quite closely. he warned when installation started to realise ugly head sometime ago he warned chief executives and the government against free to high wage deals. government against free to high wage deals-— wage deals. capital of that indeed. the _ wage deals. capital of that indeed. the question - wage deals. capital of that indeed. the question is . wage deals. capital...
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Aug 28, 2024
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so steady as she goes, it sounds, from the bank of england. goes, it sounds, from the bank of englandand. certainly, and aaain of england. certainly, and again this _ of england. certainly, and again this comes - of england. certainly, and again this comes back - of england. certainly, and again this comes back to i of england. certainly, and i again this comes back to the inflation picture, so for instance inflation in the last few months becoming a lot lower, but if we look at the services sector inflation, now remember the uk is a service is dominated economy and within the services sector, if you run a restaurant or a the services sector, if you run a restaurant ora pub, the services sector, if you run a restaurant or a pub, wages are a very large part of your outgoings, a part of your bill, so services sector information in the uk reflecting still the tightness of the labour market remains quite high. it has come down from its highest but at 5.2% it is a little bit too high for the bank of england to cut interest rates at consequent meetings, so we have an august interest rate cu
so steady as she goes, it sounds, from the bank of england. goes, it sounds, from the bank of englandand. certainly, and aaain of england. certainly, and again this _ of england. certainly, and again this comes - of england. certainly, and again this comes back - of england. certainly, and again this comes back to i of england. certainly, and i again this comes back to the inflation picture, so for instance inflation in the last few months becoming a lot lower, but if we look at the services...
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Aug 1, 2024
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jonathan: a quarter-point cut at the bank of england.. the decision that characterizes finely balanced from the bank of england. let's turn to the story in sterling and get to cable. the pound lower, down .7%, 1.2766. i want to cross over to lizzy burden outside the bank of england. over to you. lizzy: they said we were going to get a rate cut this summer, the sun is out and here we are, the first cut in four years for the bank of england. it was what was expected although it was on a knife's edge because headline inflation is back at 2% but services inflation came in hotter than expected, hence the cautious tone around this decision, particulate from the governor. it is reflected in the boat split. it was what economists expected. if you look to the guidance, no specific guidance on when the next cut is coming, where rates are going to continue. it is a bit reminiscent of christine lagarde. the last ecb meeting, trying to keep the door open. jonathan: some people have criticized the ecb decision to reduce interest rates. socgen called i
jonathan: a quarter-point cut at the bank of england.. the decision that characterizes finely balanced from the bank of england. let's turn to the story in sterling and get to cable. the pound lower, down .7%, 1.2766. i want to cross over to lizzy burden outside the bank of england. over to you. lizzy: they said we were going to get a rate cut this summer, the sun is out and here we are, the first cut in four years for the bank of england. it was what was expected although it was on a knife's...
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Aug 1, 2024
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we are going to get a lot of data from this bank of england after this decision.flation part of that story, what are the risks in terms of the upside risks to inflation? what would get inflation to come back again? i mean, we have made progress. we lift the lid and it's a bit more complicated. but surely, the risks around higher inflation have abated, have they not? jackie: well, it's that services inflation that are really causing concern for the bank of england. at 5.7%, that's, you know, way above where they would really needed to be to justify an interest rate cut. whilst we have nothing the impact of -- not seen the impact of some of the statements the new government has made around public-sector wage increases, you know, they are indicating that they are likely to be pre-substantial. the bank of england will say they cannot take into account government statements. it won't be until it actually hits policy that you will see inflation. there are a lot of concerns that what the government are seeing from a fiscal perspective could be negative for inflation and
we are going to get a lot of data from this bank of england after this decision.flation part of that story, what are the risks in terms of the upside risks to inflation? what would get inflation to come back again? i mean, we have made progress. we lift the lid and it's a bit more complicated. but surely, the risks around higher inflation have abated, have they not? jackie: well, it's that services inflation that are really causing concern for the bank of england. at 5.7%, that's, you know, way...
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Aug 2, 2024
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the bank of england pulls the trigger on its first interest rate cut in four years. feeling a bit hot under the collar? well, maybe it's time to try one of the hottest acsessories seen at the paris olympics. a neck fan! we find out what all the fuzz is about. live from london, this is business today. it was an ugly day on wall street with the dow sliding nearly nearly 500 points as recession fears re—emerged. both the s&p 500 and the tech—heavy nasdaq also closed in the red. the report cards of tech giants amazon and apple didn't do much to lift the mood either. our north america business correspondent michelle fleury has more on what sparked that sell—off. not even arm is on could lift wall street out of its function as in the e—commerce shine fell after reported sales grew 10% to $148 billion. that mark the slowdown from the prior quarter and its forecast further weakening in the months ahead. it wasn't the only take from either her results left investors with a sour taste. intel stock plunged after the chipmaker said it plans to cut 15,000 jobs and announce disapp
the bank of england pulls the trigger on its first interest rate cut in four years. feeling a bit hot under the collar? well, maybe it's time to try one of the hottest acsessories seen at the paris olympics. a neck fan! we find out what all the fuzz is about. live from london, this is business today. it was an ugly day on wall street with the dow sliding nearly nearly 500 points as recession fears re—emerged. both the s&p 500 and the tech—heavy nasdaq also closed in the red. the report...
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Aug 2, 2024
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we had the bank of japan and federal reserve meeting and the bank of england. want to see how we are faring in terms of some of the moves. looking at sterling-dollar. sterling is trading lower at 1.27. we did see the british pound continuing to fall after that decision from the bank of england to cut rates. more broadly, what we are seeing this morning is also investors looking for safe assets amid these concerns about the outlook for the u.s. economy and what that could mean as well for the global economy. with that in mind, let me show you how asian bourses have traded today. with the nikkei 225, the worst performer out of asia, it ended down almost 6%. when it comes to the asian equity moves, they were on track for the worst day in over two years as well. this, of course, as we saw u.s. treasury yields falling off the back of the concerns that i highlighted to you earlier in the show. i also want to show you how u.s. futures are shaping up at this stage as we approach the session stateside as well. as you can see on your screen, we are looking to a negative
we had the bank of japan and federal reserve meeting and the bank of england. want to see how we are faring in terms of some of the moves. looking at sterling-dollar. sterling is trading lower at 1.27. we did see the british pound continuing to fall after that decision from the bank of england to cut rates. more broadly, what we are seeing this morning is also investors looking for safe assets amid these concerns about the outlook for the u.s. economy and what that could mean as well for the...
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Aug 11, 2024
08/24
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be no accountability by the bank of england for doing this.other central banks aren't doing it. so what's happened here, john, is the bank of england out of control, is it? it's now setting fiscal policy. independence has spiralled beyond what was originally intended by gordon brown. what's happened? >> yes, indeed, because i wasn't a critic of their independent right to set the short term interest rate and to do what they do through the monetary policy committee. but that was the limit of their independence. and when brown and co wanted to print a load of money and buy a load of bonds because of the collapse, they engineered in 0809, the bank very sensibly said that this is too hot for us to handle, and we're going to send it all through to you. and we need a chancellor's signature on this. and parliament could have opened that decision up for comment if they wished to. so that continued. so all of the money printed over covid was signed off by the government, and i was critical of the latter stages of that. i agreed with the first 300 billio
be no accountability by the bank of england for doing this.other central banks aren't doing it. so what's happened here, john, is the bank of england out of control, is it? it's now setting fiscal policy. independence has spiralled beyond what was originally intended by gordon brown. what's happened? >> yes, indeed, because i wasn't a critic of their independent right to set the short term interest rate and to do what they do through the monetary policy committee. but that was the limit...
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Aug 1, 2024
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we�*ll hear whether the bank of england will cut interest rates or not. bank of england keeping inflation and rates have been held at a 16 year high for the past year or so. the feeling is it could go either way today. on the one hand the headline rate of inflation, that rate of price increases, it is at the bank�*s 2% target and has been for the past two months. unemployment is a little bit higher. the number ofjob vacancies a little bit lower. 0n the other hand, when you dig into the details of the inflation figures, if you look at core inflation so strip out the volatile things like energy and food, if you look at services inflation. that is price increases for things like restaurants, hotel stays, hairdressing bills. those two figures are proving a little bit sticky, a little bit stubborn. today�*s decision is likely to come down to a judgment on whether those sticky, stubborn inflation figures, in the details, whether they are sure torrent or whether there is the worry they could hang around a little bit younger. the mood music, the economist to make
we�*ll hear whether the bank of england will cut interest rates or not. bank of england keeping inflation and rates have been held at a 16 year high for the past year or so. the feeling is it could go either way today. on the one hand the headline rate of inflation, that rate of price increases, it is at the bank�*s 2% target and has been for the past two months. unemployment is a little bit higher. the number ofjob vacancies a little bit lower. 0n the other hand, when you dig into the...
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Aug 16, 2024
08/24
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the bank of england, having a banking licence in the uk was important to do lending, the bank of englandot of credibility globally so the extent to which they want to extend to the us. it is not a slam dunk, the question is really, can they get into the lending game? it is a completely different beast by the way, it is easy to lend money but it is hard to get it back from people. that is the vision. mechanically, there is a benefit of having a licence like that so we've got this phenomenon in the uk so if you're a bank, and you get the overnight rate essentially. make a lot of money from that and it works. there is a mechanical applet from being a licence uk bank where you can park money on the bank of england and the long—term dream thank you very much forjoining us. in other business today, there has been a summer bounce in retail sales with a combination of sunshine, sporting events and summer spell persuading uk buyers to part of the cash. where wet weather saw a dip shopper spending and 1.4% compared withjuly shopper spending and 1.4% compared with july last shopper spending and 1.4
the bank of england, having a banking licence in the uk was important to do lending, the bank of englandot of credibility globally so the extent to which they want to extend to the us. it is not a slam dunk, the question is really, can they get into the lending game? it is a completely different beast by the way, it is easy to lend money but it is hard to get it back from people. that is the vision. mechanically, there is a benefit of having a licence like that so we've got this phenomenon in...
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Aug 14, 2024
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the bank of england's target is 2%, july's figure of 2.2% is slightly above the target, and we saw whene down to target injune that the bank of england subsequently cut interest rates. they had been at the highest for a decade and a half. they brought them down just a shade from 5.2% down to 5%, and that eased pressure on borrowers, people with mortgages, loans and so on. the fact that inflation has edged up slightly and the bank is expecting it to increase a little more before the end of the year raises questions about how quickly, how soon we will see the next interest rate cut. the next decision by the bank of england is due in mid—september, so we will find out what they make of this figure when they next make their decision then. the other reasonjuly�*s inflation figures important, the other reasonjuly�*s inflation figure's important, one of the measures, rpi, the retail prices index, is normally used as a level set next year's rail fare increases, affecting the price of train tickets, normally rpi plus 1%, that would mean we would be looking at an increase in rail fares of around
the bank of england's target is 2%, july's figure of 2.2% is slightly above the target, and we saw whene down to target injune that the bank of england subsequently cut interest rates. they had been at the highest for a decade and a half. they brought them down just a shade from 5.2% down to 5%, and that eased pressure on borrowers, people with mortgages, loans and so on. the fact that inflation has edged up slightly and the bank is expecting it to increase a little more before the end of the...
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Aug 5, 2024
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of england?> the bank of england delivered the first cut last week, but i characterize it as a hawkish cut. they were close to cutting and it was a close vote at 5-4. they also said we are not going to cut rates too quickly or too fast. i think the issue in the uk is we still have fairly persistent wage growth in the uk. i think uk has a more risk of persistent problem. i think the bank of england is aware of that which they said they will go gradually and data dependent. t they are influenced by what is happening globally and what is happening with the fed, but more importantly is what happens with the uk economy. that will determine the uk story more than what is happening with the fed. >> what does this most recent cut mean for the growth and inflation outlook mean? what does it mean for the numbers on the ground here? >> i think the rate cuts are going to eventually have an effect. you have policy still fairly restrictive even with the rate cut which is a point that the bank was trying to mak
of england?> the bank of england delivered the first cut last week, but i characterize it as a hawkish cut. they were close to cutting and it was a close vote at 5-4. they also said we are not going to cut rates too quickly or too fast. i think the issue in the uk is we still have fairly persistent wage growth in the uk. i think uk has a more risk of persistent problem. i think the bank of england is aware of that which they said they will go gradually and data dependent. t they are...
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Aug 1, 2024
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we are getting from the bank of england governor here today.neral today, after it emerged the corporation knew huw edwards was being investigated over child abuse image offences months before he resigned from his role. yesterday he pleaded guilty to three counts of making indecent images of children. our culture reporter charlotte gallagher has this report. huw edwards, once the trusted face of bbc news. now convicted of paedophile offences. he's admitted three counts of making indecent images of children. some category a — the most severe — two involved a child estimated to be as young as seven. the career and reputation of edwards lies in tatters. now the bbc is under pressure about how it handled the case. in november 2023, whilst mr edwards was suspended, the bbc, as his employer at the time, was made aware in confidence that he had been arrested on suspicion of serious offences. if at any point during the period mr edwards was employed by the bbc he had been charged, the bbc had determined it would act immediately to dismiss him. but it ha
we are getting from the bank of england governor here today.neral today, after it emerged the corporation knew huw edwards was being investigated over child abuse image offences months before he resigned from his role. yesterday he pleaded guilty to three counts of making indecent images of children. our culture reporter charlotte gallagher has this report. huw edwards, once the trusted face of bbc news. now convicted of paedophile offences. he's admitted three counts of making indecent images...
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Aug 13, 2024
08/24
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it will be key for the bank of england's next move.will bring you a preview of the wage and labor data later today and inflation, which crosses on wednesday. this is bloomberg. ♪ with so much entertainment out there wouldn't it be great... ...if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, all for just $15 a month. get the fastest connection to paris with xfinity. when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all these different things and nothing's ever working. i've done the diets, all the diets. before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating that focuses on optimizing insuli
it will be key for the bank of england's next move.will bring you a preview of the wage and labor data later today and inflation, which crosses on wednesday. this is bloomberg. ♪ with so much entertainment out there wouldn't it be great... ...if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, all for just $15 a month. get the fastest connection to paris...
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Aug 13, 2024
08/24
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but for the bank of england.e first focus on the wage data, as you say, we've got a slight cooling there, that wages are going slightly less strongly than we had been seeing over the past couple of months. and obviously that comes with a mixed picture for workers. that is obviously bad news especially for those in the public sector so when we look at trends into the pandemic, public sector wages are still lower than where they were in 2021 whereas for those in the private sector, that growth has been slightly stronger. 0n the other hand there is may be some slightly better news when we look at this, you know, for the economy overall and thinking perhaps the bank of england, they might be pleased to see some slight cooling and wage growth because that might mean that it is eager to make more decisions around cutting interest rates. �* ., ., ., rates. and looking at what we have also heard in _ rates. and looking at what we have also heard in the _ rates. and looking at what we have also heard in the data _ rates.
but for the bank of england.e first focus on the wage data, as you say, we've got a slight cooling there, that wages are going slightly less strongly than we had been seeing over the past couple of months. and obviously that comes with a mixed picture for workers. that is obviously bad news especially for those in the public sector so when we look at trends into the pandemic, public sector wages are still lower than where they were in 2021 whereas for those in the private sector, that growth...
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Aug 2, 2024
08/24
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to see from the bank of england?the next cut could happen in november, but of course the bank of england is also going to be keeping an eye on what the fed is going to say, because if the fed moves there could be further pressure on the bank of england to also move on rate cuts. let's see. >> all eyes on jerome powell as usual. cnbc's silvia amaro, thank you very much live from london. really appreciate it. >>> and still ahead we'll talk to democratic congress member and member of the house foreign affairs committee paul keating. we'll be back in just a moment. g we'll be back in just a moment ne of the stuff it won't. our sulfate free collections smell incredible and leave your hair touchably soft and smooth. herbal essences. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting
to see from the bank of england?the next cut could happen in november, but of course the bank of england is also going to be keeping an eye on what the fed is going to say, because if the fed moves there could be further pressure on the bank of england to also move on rate cuts. let's see. >> all eyes on jerome powell as usual. cnbc's silvia amaro, thank you very much live from london. really appreciate it. >>> and still ahead we'll talk to democratic congress member and member...
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Aug 1, 2024
08/24
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it was a close—run 5—4 vote in favour of the cut at the bank of england, with governor andrew baileyement of inflation, as we expect we will, by the way, we�*re not expecting anything else at the moment. over time, the policy will therefore become less restrictive, so rates will come down, but i�*m not going to predict when and how much, because that depends on events and how it unfolds. is it mission accomplished in terms of the inflationary dragon being slayed? it�*s an encouraging step forward. you�*re right, it is an important moment in time. it�*s a welcome moment in time as well, but it�*s not mission accomplished yet. interest rates were cut back today for the first time since the pandemic, having risen 1a times as prices surged. that has helped overall inflation, in blue here, fall sharply back from the energy shock to the official target of 2%, but some on the committee are still worried about inflation in services, like restaurants and hotels, in red here, proving sticky. after a really difficult three—year inflationary shock, a significant turning point today. they raised
it was a close—run 5—4 vote in favour of the cut at the bank of england, with governor andrew baileyement of inflation, as we expect we will, by the way, we�*re not expecting anything else at the moment. over time, the policy will therefore become less restrictive, so rates will come down, but i�*m not going to predict when and how much, because that depends on events and how it unfolds. is it mission accomplished in terms of the inflationary dragon being slayed? it�*s an encouraging...
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Aug 23, 2024
08/24
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the governor of the bank of england, the former e.u. and a member of the ecb governing committee.his to me was a seminal moment kicking off a rate cutting cycle. you did it and got ahead of it. does anything that you have heard here change your view about how quickly the ecb can go? olli: i think it has enforced confidence to the disinflationary process globally. of course the united states and its economy is central in the world economy and as jay was very clear that this is now the turning point in monetary policy and he is going to tame it. that is very clear for us europeans. even though we are not the third or -- the 13th federal district of the u.s. reserve. lisa: they say we want to but we are independent. we had the portuguese central bank and he said september is an easy call, you agree. brian: it is never an easy -- olli: it is never an easy call. as you look at data for the moment inflation is stabilizing and the long term trend. there has to be some weaker data some time ago. but now we see more convincing data concerning rates growth and we have to see the forest from
the governor of the bank of england, the former e.u. and a member of the ecb governing committee.his to me was a seminal moment kicking off a rate cutting cycle. you did it and got ahead of it. does anything that you have heard here change your view about how quickly the ecb can go? olli: i think it has enforced confidence to the disinflationary process globally. of course the united states and its economy is central in the world economy and as jay was very clear that this is now the turning...
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Aug 14, 2024
08/24
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the bank of england once 2% inflation, this is the first time in a couple of months above target.ttle trend towards the end of the year. downward pressures, things like the energy bills continue to cause upward pressure, also the national minimum wage going up, going to the bosses and asking for pay rises. 0n the flip side, food inflation was running a 19%, it is now below the target at 1.5%, good news for the weekly shop. the big question, what impact on interest rates, the big lever to tame inflation the bankers. core inflation you strip out other factors is starting to come down now and hold steady. the monetary policy committee meets to talk about cutting rates for the first time in a long time, the help as they will do that in september again. a bit of a coin toss, looking for more dated to decide what to do, more likely to be in november. next to greece and you have probably seen the images of those huge wildfires that had been threatening the capital athens. the good news is authorities now say they have been brought under control. at least one person has died, while dozens
the bank of england once 2% inflation, this is the first time in a couple of months above target.ttle trend towards the end of the year. downward pressures, things like the energy bills continue to cause upward pressure, also the national minimum wage going up, going to the bosses and asking for pay rises. 0n the flip side, food inflation was running a 19%, it is now below the target at 1.5%, good news for the weekly shop. the big question, what impact on interest rates, the big lever to tame...
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Aug 14, 2024
08/24
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it's a more complicated picture, arguably, for the bank of england. cut. markets do not expect the next cut until november. to what extent will the data out today informed that decision? we saw wages coming softer than expected yesterday for the unemployment number coming in lower. it's a more complicated picture for this bank of england, but this is the trajectory for cpi in the u.k. will break that down as those numbers cross in about seven minutes time. there's 20 more coming up this morning on bloomberg, including, by the way, interviews with the ceo;s of carlsberg, shipping giant pack our lord. and then, course, a big interview with the norwegian wealth fund reducing some of their bets on ai, ramping up some of their bets in the oil space, still very exposed to nvidia. that conversation will be fascinating. some of those interviews coming up in the next three hours. next on the opening trade, we will hear from ubs ceo sergio ermotti on the swiss bank's big earnings beat. that interview in just a few minutes time. the opening trade is up next. thi
it's a more complicated picture, arguably, for the bank of england. cut. markets do not expect the next cut until november. to what extent will the data out today informed that decision? we saw wages coming softer than expected yesterday for the unemployment number coming in lower. it's a more complicated picture for this bank of england, but this is the trajectory for cpi in the u.k. will break that down as those numbers cross in about seven minutes time. there's 20 more coming up this morning...
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Aug 14, 2024
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the bank of england is not reading too much into that. it's not taking too much inference for what it means. they're still laser focused on the inflation data. it comes back to the services number. what happens to wage growth? it's really the key. >> what's the next da i ta point you're watching in europe that could determine what the ecb is determining as well? >> again, it comes back to inflation and services inflation. it's a problem ecb has as well. they seem to be slightly more on, if you like, more concrete path, 25 basis points per quarter. there is a little bit on the inflation data, but given the concerns in the u.s. and everything that's happened since, i think a 25-point basis cut in september is pretty likely. >> anything else you're watching in terms of data releases to come? >> i suppose retail sales, that's the other key question, what happens. are we entering a recession? when you look at previous periods when this has happened in the past, often some of those slowdowns and consumer spending have come after the so-call ed
the bank of england is not reading too much into that. it's not taking too much inference for what it means. they're still laser focused on the inflation data. it comes back to the services number. what happens to wage growth? it's really the key. >> what's the next da i ta point you're watching in europe that could determine what the ecb is determining as well? >> again, it comes back to inflation and services inflation. it's a problem ecb has as well. they seem to be slightly more...
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given her history at the bank of england , she'll be bank of england, she'll be wanting to pay for thatrather than borrow more money is very likely. so we're going to see tax rises. we're going to see tax rises. we're going to see tax rises. we're going to see tax rises in october when there will be this new budget, this, this, this full statement from the chancellor, what taxes will rise and does this, this interest rate cut make tax rises now more likely? >> i don't think it necessarily makes it more likely. they're pretty inevitable anyway . and we pretty inevitable anyway. and we can be pretty certain whatever tax rises come, they'll be pretty inefficient ones because for political reasons, labour rolled out a whole menu of taxes that wouldn't go up. income tax and national insurance and the like , which then basically like, which then basically anything they didn't rule out is now on the table for how you might be able to raise more revenue. so it's unlikely to be done from sound , sane economic done from sound, sane economic thinking , done from sound, sane economic thinking, more
given her history at the bank of england , she'll be bank of england, she'll be wanting to pay for thatrather than borrow more money is very likely. so we're going to see tax rises. we're going to see tax rises. we're going to see tax rises. we're going to see tax rises in october when there will be this new budget, this, this, this full statement from the chancellor, what taxes will rise and does this, this interest rate cut make tax rises now more likely? >> i don't think it necessarily...
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Aug 14, 2024
08/24
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that is less of an issue, what the bank of england is worried about particularly is domestic generatedtion, service sector inflation, service sector inflation and that stickiness there that we are expecting to remain but may be to ease a little bit. ~ remain but may be to ease a little bit-— remain but may be to ease a little ltit-— remain but may be to ease a little bit. ~ ,, ., little bit. when you say may to ease a little — little bit. when you say may to ease a little bit, _ little bit. when you say may to ease a little bit, do _ little bit. when you say may to ease a little bit, do you - little bit. when you say may to ease a little bit, do you mean l ease a little bit, do you mean that they may cut interest rates again soon?- that they may cut interest rates again soon? well, it is touch and — rates again soon? well, it is touch and go _ rates again soon? well, it is touch and go a _ rates again soon? well, it is touch and go a little - rates again soon? well, it is touch and go a little bit - rates again soon? well, it is touch and go a little bit in i touch and go a little bit
that is less of an issue, what the bank of england is worried about particularly is domestic generatedtion, service sector inflation, service sector inflation and that stickiness there that we are expecting to remain but may be to ease a little bit. ~ remain but may be to ease a little bit-— remain but may be to ease a little ltit-— remain but may be to ease a little bit. ~ ,, ., little bit. when you say may to ease a little — little bit. when you say may to ease a little bit, _ little...
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Aug 14, 2024
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and remains close to the bank of england's long—term target of 2%. spike we saw at the end of 2022. injuly, prices rose at 2.2% and the bank of england expects them to stay around this rate until the end of the year. but, of course, inflation is made up of more than just that one headline figure. let's look at the services sector. things like hotel prices, restaurant prices — that's been falling steadily but remains at 5.2%. too hot for the bank's liking. that's come down more than people expected today, but it's still a lot higher than the rest of the inflation basket. this is what the bank of england is really focused on at the moment, and i think that means they're going to take interest rate cuts quite gradually. it means they probably won't cut rates again in september. hopefully, though, later in the year. consumer confidence is another factor. the prices of most goods and food have come down from their peaks, but the cost of living can still feel expensive. my outgoings are quite a lot each month out of what i have incoming, so, you know, it's
and remains close to the bank of england's long—term target of 2%. spike we saw at the end of 2022. injuly, prices rose at 2.2% and the bank of england expects them to stay around this rate until the end of the year. but, of course, inflation is made up of more than just that one headline figure. let's look at the services sector. things like hotel prices, restaurant prices — that's been falling steadily but remains at 5.2%. too hot for the bank's liking. that's come down more than people...
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Aug 14, 2024
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that number is precisely the bank of england's target for a healthy economy.s that leave the state of the economy and the likely path of interest rate cuts? joining me now is jackie bowie — head of europe at chatham financial. thank you forjoining us. it is a rise in inflation but not by as much as some had expected. is it cause for alarm? as some had expected. is it cause foralarm? it as some had expected. is it cause for alarm?— for alarm? it doesn't seem to be. this low price _ for alarm? it doesn't seem to be. this low price you _ for alarm? it doesn't seem to be. this low price you have _ for alarm? it doesn't seem to be. this low price you have seen - for alarm? it doesn't seem to be. this low price you have seen was| this low price you have seen was predicted and much of that has come from what we
that number is precisely the bank of england's target for a healthy economy.s that leave the state of the economy and the likely path of interest rate cuts? joining me now is jackie bowie — head of europe at chatham financial. thank you forjoining us. it is a rise in inflation but not by as much as some had expected. is it cause for alarm? as some had expected. is it cause foralarm? it as some had expected. is it cause for alarm?— for alarm? it doesn't seem to be. this low price _ for...
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Aug 14, 2024
08/24
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bank of england forecasted.in the second half of this year, and only yesterday they were saying it would be 2.3%. so 2.2% isn't really that bad.so 2.3%. so 2.2% isn't really that bad. so on the other hand, you have jeremy hunt. now, the shadow chancellor, saying, you know , these good figures show know, these good figures show that labour should follow the footsteps of what the conservatives were doing in the last government. and i think jeremy hunt and probably rishi sunak as well, and certainly a couple of conservative mps who i've spoken to this morning will be thinking, hang on a minute, these figures really aren't that bad.the these figures really aren't that bad. the bank of england probably will be in a position to cut interest rates, if not now , then probably in november now, then probably in november or december , as october or or december, as october or november. as jack was saying, there , why didn't rishi sunak there, why didn't rishi sunak wait a little bit longer to hold the general election? then
bank of england forecasted.in the second half of this year, and only yesterday they were saying it would be 2.3%. so 2.2% isn't really that bad.so 2.3%. so 2.2% isn't really that bad. so on the other hand, you have jeremy hunt. now, the shadow chancellor, saying, you know , these good figures show know, these good figures show that labour should follow the footsteps of what the conservatives were doing in the last government. and i think jeremy hunt and probably rishi sunak as well, and...
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Aug 1, 2024
08/24
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it was a close—run 5—4 vote in favour of a cut at the bank of england, with governor andrew bailey beingove this persistent element of inflation, as we expect we will, by the way — we're not expecting anything else at the moment. over time, therefore policy will become less restrictive, so rates will come down, but i'm not going to predict when and how much, because that depends on events and how it unfolds. is it mission accomplished in terms of the inflationary dragon being slayed? it's an encouraging step forward. you're right, it is an important moment in time. it's a welcome moment in time as well, but it's not mission accomplished yet. interest rates were cut back today for the first time since the pandemic, having risen 14 times as prices surged. that has helped overall inflation, in blue here, fall sharply back from the energy shock to the official target of 2%, but some on the committee are still worried about inflation in services, like restaurants and hotels, in red here, proving sticky. after a really difficult three—year inflationary shock, a significant turning point today.
it was a close—run 5—4 vote in favour of a cut at the bank of england, with governor andrew bailey beingove this persistent element of inflation, as we expect we will, by the way — we're not expecting anything else at the moment. over time, therefore policy will become less restrictive, so rates will come down, but i'm not going to predict when and how much, because that depends on events and how it unfolds. is it mission accomplished in terms of the inflationary dragon being slayed? it's...
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Aug 14, 2024
08/24
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seen a bit of a bounce back injuly, but as has been said, it looks like the bank of england has inflationthe common thread is that both central banks have inflation pretty much under control now and the next moves on interest rates will continue to be down in the uk, and are likely to be down in the us. and of course geopolitics has a big impact, especially energy prices, on what happens with inflation, so to what happens with inflation, so to what extent to the situation in the middle east influence situations in the us and and elsewhere in the world was to mark that is the risk at the moment?— world was to mark that is the risk at the moment? that is the risk of the moment. _ at the moment? that is the risk of the moment, if— at the moment? that is the risk of the moment, if iran _ at the moment? that is the risk of the moment, if iran decides - at the moment? that is the risk of the moment, if iran decides to - the moment, if iran decides to attack israel, the houthi rebels in yemen are encouraged to attack and shut down the canal again, that me contributes a major crisis and that woul
seen a bit of a bounce back injuly, but as has been said, it looks like the bank of england has inflationthe common thread is that both central banks have inflation pretty much under control now and the next moves on interest rates will continue to be down in the uk, and are likely to be down in the us. and of course geopolitics has a big impact, especially energy prices, on what happens with inflation, so to what happens with inflation, so to what extent to the situation in the middle east...
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Aug 14, 2024
08/24
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moon this is what the bank of england's keenly watching right now when it's thinking what to do withs in august. i think it probably won't do so again in september, but it's hinted that we could get further cuts later in the year. for when the bank sets interest rates, it takes a year or two to impact inflation. so it took until this spring for inflation to return to the 2% target in response to higher rates. and while the bank expects inflation to remain above that level for a few months, it still predicts those pressures will melt away further out. there are risks, however, including businesses looking to rebuild profit margins. things will have to go up slightly in the future to try and recoup. yes, it's going to be difficult. however, with these numbers revealing some prices are settling, there's a taste of better times to come. that was seen he reporting there. let's speak to susannah streeter who is the head of money and markets at hargreaves la nsdown. hello. take us through it then. this wasn't unexpected. still kind of going in may be the wrong direction as far as some peopl
moon this is what the bank of england's keenly watching right now when it's thinking what to do withs in august. i think it probably won't do so again in september, but it's hinted that we could get further cuts later in the year. for when the bank sets interest rates, it takes a year or two to impact inflation. so it took until this spring for inflation to return to the 2% target in response to higher rates. and while the bank expects inflation to remain above that level for a few months, it...
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Aug 1, 2024
08/24
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it was a close—run 5—4 vote in favour of a cut at the bank of england, with governor andrew bailey beingstent element of inflation, as we expect we will, by the way — we're not expecting anything else at the moment. over time, therefore policy will become less restrictive, so rates will come down, but i'm not going to predict when and how much, because that depends on events and how it unfolds. is it mission accomplished in terms of the inflationary dragon being slayed? it's an encouraging step forward. you're right, it is an important moment in time. it's a welcome moment in time as well, but it's not mission accomplished yet. interest rates were cut back today for the first time since the pandemic, having risen ia times as prices surged. that has helped overall inflation, in blue here, fall sharply back from the energy shock to the official target of 2%, but some on the committee are still worried about inflation in services, like restaurants and hotels, in red here, proving sticky. after a really difficult three—year inflationary shock, a significant turning point today. they raised i
it was a close—run 5—4 vote in favour of a cut at the bank of england, with governor andrew bailey beingstent element of inflation, as we expect we will, by the way — we're not expecting anything else at the moment. over time, therefore policy will become less restrictive, so rates will come down, but i'm not going to predict when and how much, because that depends on events and how it unfolds. is it mission accomplished in terms of the inflationary dragon being slayed? it's an...
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Aug 31, 2024
08/24
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the bank of england and bank of canada, both have recently caught interest rates as has the european central bank. over the summer, we saw inflation return to normal. and now interest rates are coming down. our books are the envy of the developed world. the dollars globe or reach means that if the fed does come rates next month, it could amelia rate, a global slowdown, and help ease the cost of living crisis that continues to impact consumers. and the consumption grief, obviously for counting the cost as well. now here is a highlights of the week why do central bank set the interest rate target up to percent of the idea of which an h from a comment made by full magnesium finance minister roach of douglas in 1988. he said he wanted the inflation rate to come down to between 0 and one percent. for 20 years. the country had been struggling with double digit inflation, the bank of using and then made it a special government policy bought extend at the target range to 2 percent in 1991 . the bank of canada followed suit, the bank of england sets inflation rate as 2 percent in 2003, nearly
the bank of england and bank of canada, both have recently caught interest rates as has the european central bank. over the summer, we saw inflation return to normal. and now interest rates are coming down. our books are the envy of the developed world. the dollars globe or reach means that if the fed does come rates next month, it could amelia rate, a global slowdown, and help ease the cost of living crisis that continues to impact consumers. and the consumption grief, obviously for counting...
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Aug 15, 2024
08/24
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that hopefully is a cushion into the second half of this year for the bank of england, they made thisentative foray into cutting rates. i think they will feel justified that they made that move even though inflation has partiparticular particulared ticked up we've always said this is policy normalization and not talking about deep recession risks that require an aggressive response i think the same applies >> very having thank you for the conversation hetal meta at st. james's place. >>> when we come back, stay with us, officials in doha set to embark on the gaza peace talks today. we will discuss that and other issues on the radar with tina fordham from fordham global insights we're back in two minutes. what is cirkul? cirkul is what you hope for when life tosses lemons your way. cirkul is your frosted treat with a sweet kick of confidence. cirkul is the effortless energy that gets you in the zone. cirkul, available at walmart and drinkcirkul.com. getting a fresh deal at subway has never been easier. just buy any footlong in the app, get another free. the only hard part is, telling t
that hopefully is a cushion into the second half of this year for the bank of england, they made thisentative foray into cutting rates. i think they will feel justified that they made that move even though inflation has partiparticular particulared ticked up we've always said this is policy normalization and not talking about deep recession risks that require an aggressive response i think the same applies >> very having thank you for the conversation hetal meta at st. james's place....
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Aug 27, 2024
08/24
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GBN
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of england special, an expert within the bank of england. >> as far as i'm concerned, the more expertsve in the treasury, the better. heaven knows the country's in a bad enough state bank of england has got everything wrong. >> that's slightly different. >> that's slightly different. >> well, i think that's maybe a subject for another debate, but all the more reason for getting people from the bank of england in, you see, the high mindedness of starmer that i'm not against people being appointed politically. >> i'm not against prime ministers using patronage. that's part of the job of a prime minister but starmer was so high minded about it. and why hasn't he given authority to salary, which he could do now? he could do before we finish broadcasting to do these independent inquiries. >> i mean, you know, i'm sure he will, because in all honesty, he's promised to actually bring this sort of the disinfectant of sunlight. >> it has fallen back on that classic politicians delaying tactic, the doctrine. well he can't save time. >> i'm sorry. >> i'm sorry. >> he could have done it today. i'm
of england special, an expert within the bank of england. >> as far as i'm concerned, the more expertsve in the treasury, the better. heaven knows the country's in a bad enough state bank of england has got everything wrong. >> that's slightly different. >> that's slightly different. >> well, i think that's maybe a subject for another debate, but all the more reason for getting people from the bank of england in, you see, the high mindedness of starmer that i'm not...
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Aug 1, 2024
08/24
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attention turning to the bank of england rate decision this afternoon.e'll get you set up in two minutes. don't go away. what is cirkul? cirkul is what you hope for when life tosses lemons your way. cirkul is your frosted treat with a sweet kick of confidence. cirkul is the effortless energy that gets you in the zone. cirkul, available at walmart and drinkcirkul.com. subway is offering 20% off any sub, any size whooo! 20% off subs is fun to say 20% off subs are fun to eat you'll love 20% off subs the point is, any sub any size. 20% off at subway >>> i'm sure you watched this. team gb's producing a stunning sprint finish to wrestle gold from hayden wild. alex yee claimed a 6-minute deficit. that was an incredible finish. the race had been postponed after heavy rain added to health concerns over swimming in the river seine. it went ahead. in the meantime, leon marchand secured two gold medals with two olympic records with two strokes in one session. the 22-year-old delighted the home fan as he won the 200-meter butterfly and 200-meter breaststroke a couple
attention turning to the bank of england rate decision this afternoon.e'll get you set up in two minutes. don't go away. what is cirkul? cirkul is what you hope for when life tosses lemons your way. cirkul is your frosted treat with a sweet kick of confidence. cirkul is the effortless energy that gets you in the zone. cirkul, available at walmart and drinkcirkul.com. subway is offering 20% off any sub, any size whooo! 20% off subs is fun to say 20% off subs are fun to eat you'll love 20% off...
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Aug 1, 2024
08/24
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the bank of england will reveal its latest decision on interest rates today, with millions of mortgageclose eye to see if the base rate will be cut for the first time in more than four years. let�*s speak to our money and work reporter, peter ruddick. what is the feeling leading up to this announcements? it genuinely feels for the _ this announcements? it genuinely feels for the first _ this announcements? it genuinely feels for the first time in - this announcements? it genuinely feels for the first time in a - this announcements? it genuinely feels for the first time in a long i feels for the first time in a long time like today�*s decision could go either way. a reminder, interest rates at the bank of england�*s way of keeping inflation, the rate of price rises, under control. the rate has been held at a 16—year high for the past six years or so. the feeling sick go either way today. one of the factors were looking at, on the one hand, the headline rate of inflation, the right of price increases is at the bank�*s 2% target and has been for the past six months and has been for the pa
the bank of england will reveal its latest decision on interest rates today, with millions of mortgageclose eye to see if the base rate will be cut for the first time in more than four years. let�*s speak to our money and work reporter, peter ruddick. what is the feeling leading up to this announcements? it genuinely feels for the _ this announcements? it genuinely feels for the first _ this announcements? it genuinely feels for the first time in - this announcements? it genuinely feels for...
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Aug 16, 2024
08/24
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according to the expert's findings, the provided bank of england note with a face value of 20 pounds model of 2018, was not manufactured by an enterprise that produces this type of product, which is confirmed by the absence of regulations.
according to the expert's findings, the provided bank of england note with a face value of 20 pounds model of 2018, was not manufactured by an enterprise that produces this type of product, which is confirmed by the absence of regulations.