Bank of England Cuts Rates, Raises Inflation Forecast
The Bank of England (BOE) cut interest rates by 25 basis points on Thursday, bringing the central bank’s key rate down to 4.75%. This move, supported by an 8-1 vote from the
UK Inflation Rises to 3% in January, Exceeding Expectations
The UK’s **inflation rate** surged to **3%** in January, surpassing analyst expectations, according to data released by the **Office for National Statistics (ONS)** on Wednesday. Economists polled by **Reuters** had forecast a
