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Bank of England Considers Rate Hike Amid High Energy Prices
The Bank of England is expected to maintain current interest rates but has indicated a potential rate increase later this year if energy prices remain elevated.
28 Jul, 04:00 — 28 Jul, 04:30
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (24/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 1/5 buckets covered0/33
Far L
Left
Center2
Center (2)
FTcyprus-mail
Right
Far R
Geographic diversity— 2 regions9/34
UK1Cyprus1
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
FTVery High1d ago
Bank of England to raise rates this year if energy prices stay high
Read the July forecast from the FT’s Monetary Policy Radar team
Read full article →cyprus-mail1d ago
Bank of England expected to hold interest rates steady
The Bank of England (BoE) looks set to keep interest rates unchanged at 3.75 per cent on Thursday, despite a recent spike in oil prices above $100 a barrel which may test whether it can avoid raising borrowing costs in response to the US-Iran conflict. So far, British inflation has come in below the BoE’s […]
Read full article →Coverage Timeline
First report: cyprus-mail · 28 Jul, 04:00|Full coverage: 2 · 30m|Window: 30m
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