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Top related persons:
Matthew Swannell - 2 CNBC's - 1 Andrew Bailey - 1 Goldman Sachs - 1 James Moberly - 1 Ibrahim Quadri - 1 Jari Stehn - 1 BoE - 1
Top related locs:
London Britain Sintra
Top related orgs:
Bank of England - 2 Monetary - 2 MPC - 2 BNP - 1 Press - 1 Bank of - 1 British Retail Consortium - 1 Fed - 1

Search resuls for: "Matthew Swannell"


2 mentions found


☆ Bank of England holds interest rates steady, but signals a cut is coming
  + stars: | 2024-05-09 | by ( Jenni Reid | ) www.cnbc.com   time to read: +1 min
LONDON — The Bank of England on Thursday announced a widely-expected hold on interest rates following its May meeting, as it said restrictive monetary policy was working to bring down inflation. Members of the central bank's Monetary Policy Committee voted 7-2 to hold, with the latter favoring a cut. In the prior meeting only one member voted for a cut. It keeps the BOE's key Bank Rate at 5.25%. Some economists see a cut as soon as the next meeting in June, and three or more cuts in 2024.
Persons: Matthew Swannell, CNBC's Organizations: Bank of England, Monetary, MPC, BNP
☆ Bank of England's next move divides economists as data paints a mixed picture
  + stars: | 2023-08-02 | by ( Elliot Smith | ) www.cnbc.com   time to read: +5 min
Andrew Bailey, Governor of the Bank of England, attends the Bank of England Monetary Policy Report Press Conference, at the Bank of England, London, Britain, February 2, 2023. Pool | ReutersLONDON — Market expectations are split over the Bank of England's next monetary policy move on Wednesday, as policymakers near a tipping point in their fight against inflation. The other 38% of market participants expect a second consecutive 50 basis point hike, after the central bank surprised markets with a bumper increase in June. watch nowThe British economy has proven surprisingly resilient, despite a run of 13 consecutive rate hikes from the Bank of England. "While core inflation surprised to the downside in June, services inflation momentum remains strong.
Persons: Andrew Bailey, Goldman Sachs, James Moberly, Ibrahim Quadri, Jari Stehn, BoE, Goldman, —, Abbas Khan, Mariano Cena, Silvia Ardagna, Matthew Swannell, Paul Hollingsworth, Andrew Bailey's Organizations: Bank of England, Press, Bank of, Monetary, British Retail Consortium, MPC, Fed, ECB, U.S . Federal Reserve, European Central Bank, PMI, Bank of England's, Barclays, BNP Paribas Locations: London, Britain, Sintra
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