BoE Rate Decision The BOE will probably hold rates today after the Fed did so yesterday. But it may deliver a lower inflation forecast, potentially opening the way for easing. Markets are pricing in rate cuts starting in the middle of the year. The Bank of England is likely on Thursday to deliver a brighter outlook for the UK economy, reducing i...

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UK Inflation Inflation in UK stores fell to the lowest level in more than 18 months in another sign that the cost-of-living crisis is starting to ease. Shop prices were 2.9% higher year-on-year in January compared with a 4.3% annual increase in December, the British Retail Consortium said Tuesday. That’s the lowest since May 2022 as retailers o...

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ECB Press ConferenceThe European Central Bank is set to keep borrowing costs on hold for a third meeting while stepping up efforts to convince investors that interest-rate cuts aren’t imminent. The deposit rate will be left at 4%, according to all economists polled by Bloomberg. How long it stays there, though, is an everhotter topic, with Presid...

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