Stubborn UK inflation puts Bank of England in a bind | FT #shorts

by

Financial Times published this video item, entitled “Stubborn UK inflation puts Bank of England in a bind | FT #shorts” – below is their description.

The Bank of England vows to keep rates higher for longer as it fights persistent inflation, but it seems to be having a tougher job getting price growth down than many other central banks. Recent output data shows a vulnerable economy struggling on several fronts.

Financial Times YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - Financial Times

The Financial Times (FT) is an English-language international daily newspaper that has a special emphasis on business and economic news. It is headquartered in London, England, and is owned by Japanese company Nikkei, Inc.. The newspaper was founded in London in 1888 by James Sheridan and Horatio Bottomley.

Subscribe to the Financial Times #Ad

Recent from Financial Times:

Introducing untold: the retreat 1

Introducing Untold: The Retreat

Category: Business

Democracy by Margaret Atwood | Democracy 2024

Category: Business

In That Top by Aditi Mittal | Democracy 2024

Category: Business

In This Story: Bank of England

The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government’s banker, and still one of the bankers for the Government of the United Kingdom, it is the world’s eighth-oldest bank.

4 Recent Items: Bank of England

Will the Bank of England Cut Rates in 2024?

Category: Business, Finance

Will the Bank of England Cut Rates in 2024?

Category: News

Halligan BLASTS Bank of England and predicts FALL in interest rates

Category: News

Bank of England’s Andrew Bailey answers questions on financial stability report – watch live

Category: News

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

5 Recent Items: Inflation

Red Sea tension upsets Yemeni fishermen’s livelihood

Category: News

Impact inflation, living costs have on birth rates and Canadians on parental leave

Category: News

Davos 2024: Biggest Takeaways From the World Economic Forum

Category: News

Fed rate cuts: Labor data will make ‘last mile less difficult’: Economist

Category: Business, Finance, Manufacturing

Trump Back in White House? Lagarde Says ‘Let Me Have Some Coffee’

Category: News

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.