Newsflow

UK Interest Rate Update: June 2024 Highlights

20/06/2024 | UK Interest Rate

🌟 Bank Rate Decision 🌟 Current Rate: The Bank of England has decided to maintain the Bank Rate at 5.25% during its June meeting. This decision aligns with market expectations, although two members of the Monetary Policy Committee (MPC) advocated for a reduction to 5% (Bank of England). Inflation Targets: Recent data shows that inflation […]

UK Interest Rate Update: June 2024 Highlights Read More »

📉 UK Inflation Falls to Three-Year Low!

19/06/2024 | UK Inflation

🌐 Inflation Rate Drops: The latest data shows that the UK’s inflation rate has fallen to 2% year on year in May, its lowest level in nearly three years, from 2.3% in the previous month. Specifically, the inflation rate has gradually decreased from previous highs, which is crucial for stabilizing the economic environment. ⚡ Energy

📉 UK Inflation Falls to Three-Year Low! Read More »