Central Banks / Economy
Add as a preferred source on GoogleThe next rate decision is set for Nov. 5, with inflation and wage-growth figures expected beforehand.
The Bank of England’s inflation goal is 2%, while the U.K.’s August reading came in at 3.1%.
Inflation and wage-growth figures are expected to provide further signals before the next rate decision.
The Bank of England has scheduled that decision for Nov. 5.
September inflation was 3.4%, while a measure excluding energy and tax changes was 3.0%. FXStreet reported Nomura expects no rate change through 2027.
September CPI inflation was 3.4%, while the bank’s CPI-ATE measure was 3.0%. Norges Bank’s next rate decision is scheduled for Dec. 17.
September inflation reached 3.4%, and the krone had strengthened beyond the bank's prior assumption.
