The Bank of England Believes that Inflation is Over The Bank of England’s Inflation Fix: Reality Check Introduction: Recently, the Governor of the Bank of England, Andrew Bailey, made a bold statement claiming that inflation was under control, and there was no need for further interest rate increases. Bailey argued… Read More »The Bank of England Believes that Inflation is Over
Understanding the Rising Supermarket Food Prices: Insights from Which?’s Inflation Tracker Introduction In recent times, the cost of groceries has been a cause for concern among consumers. With overall inflation reaching its highest level in over four decades, it is crucial to delve deeper into the factors driving the soaring… Read More »Understanding the Rising Supermarket Food Prices: Insights from Which’s Inflation Tracker
Inflation Alert: How the Bank of England’s Loss of Control Spells Trouble for Everyone Unraveling Inflation Woes: A Challenging Battle for Central Banks Introduction: Last week’s inflation figures left many experts disappointed. Despite a drop in the headline rate from 10.1% to 8.7%, the underlying core inflation rate, which excludes… Read More »Inflation Alert: How the Bank of England’s Loss of Control Spells Trouble for Everyone
Should the Bank of England rethink further rises The Bank of England is being urged by property professionals to avoid further interest rate hikes this week. The Bank’s Monetary Policy Committee is widely expected to hike interest rates for the sixth consecutive month this week from the current 1.75%. It… Read More »Should the Bank of England rethink further rises
Why inflation benefits borrowers Why your mortgage is reducing while you sleep Inflation occurs when there is a general increase in the price of goods and services and a fall in purchasing power. Purchasing power is the value of a currency expressed in the number of goods and services… Read More »Why inflation benefits borrowers