UK Inflation
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financeUK Inflation Resurgence Threatens Rate Relief as May Data Looms
UK inflation is set to reverse its April decline, climbing back toward 3.0% due to Middle East energy pressures, complicating the Bank of England's next interest rate decision.
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financeBank of England Holds Rate at 3.75%, Iran Conflict Clouds Outlook
The Bank of England's Monetary Policy Committee voted unanimously to hold rates, but internal pressure for a hike is mounting as the Iran conflict threatens to push inflation above 6%.
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financeBank of England Flags Public-Sector Pay as Inflation Risk
UK public-sector wages rise 4.8% vs 3% private, widening gap. Governor Bailey warns of inflation pressures ahead of June 18 MPC meeting.
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financeBoE's Bailey: Ceasefire No Guarantee for Rate Cuts
Bank of England Governor Andrew Bailey warns that a US-Iran ceasefire would not immediately justify interest rate cuts due to lingering uncertainty.
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financeBank of England's Megan Greene Warns Inflation Persists Amid Geopolitical Turmoil and UK Supply-Side Weakness
BOE policymaker highlights the interplay of post-COVID inflation, geopolitical shocks, and weak UK supply-side conditions driving economic challenges.