Base rate to 2.5% (from 2.25%)
Forecast revisions from the Bank:
- lowers 2022 growth outlook from 2.7% to 2.6%
- growth forecast for 2023 is 2.1%
- raises 2022 inflation outlook from 4.5% to 5.2%
- 2023 CPI forecast is 3.7%
-
Background to this is here:
Base rate to 2.5% (from 2.25%)
Forecast revisions from the Bank:
-
Background to this is here:
Most Popular
Sponsored
investingLive Asia-Pacific FX news wrap: Light news flow session Financial market news for Asian trading on Friday, September 12, 2025
Crypto backdoor slammed shut as S&P rejects Strategy’s index inclusion JPMorgan: S&P’s Strategy decision raises red flags for corporate crypto use
Bitcoin hits 19-day high on cooler inflation data; 92.7% odds of Fed rate cut boost crypto. DOGE & HYPR surge!
Dividend Kings yield <3%, up 4.5% YTD vs. AI stocks. SWK yields 4.2%, CL yields 2.5%. Is dividend investing dead?
China to nearly double battery storage to 180 GW by 2027 in $35bn plan Beijing targets 180 GW battery storage by 2027, led by BYD, CATL
Ex-Goldman CEO Blankfein warns of US crisis, citing narrow credit spreads near historic lows & private credit growth.
Asian markets hit records on AI earnings & expected Fed rate cuts. Nikkei up 3.7% weekly. Gold flat, oil dips on surplus.
Sponsored
Must Read