Bank of England (BoE) news

The Bank of England (BoE) is the central bank of the United Kingdom. Its primary objective is to maintain price stability, targeting a 2% inflation rate. The BoE uses interest rate adjustments and quantitative easing to influence the economy and achieve its inflation target. It also plays a key role in ensuring financial stability in the UK.

UK inflation unchanged at 3.8%, pound shrugs
UK inflation was unchanged at 3.8%, a 19-month high. Core CPI eased to 3.6% from 3.8%, well above the BoE target of 2%. The Federal Reserve is widely expected to lower rates by a quarter-point at today's meeting.
by Kenneth Fisher
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