“Realism” can be an intellectual and political trap.
Tag: Bank of England
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U.K. Inflation Edges Lower, but Persists in Double Digits
Prices rose at an annual rate of 10.1 percent last month, down from 10.4 percent in February. Despite an easing in transport costs, food prices continued to keep inflation high.
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Stocks Are Turbulent as Wall St. Weighs Fed’s Future Moves
Investors remain preoccupied with the health of banks as interest rates rise, putting balance sheets under pressure.
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Bank of England to Weigh a Rate Increase After a Jump in Inflation
As policymakers assess an inflation rate that persists in double digits, as well as risks in the banking sector, analysts predict a quarter-point increase.