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MPC Members Greene, Pill And Mann Voted To Increase Rates By 0.25 Percentage Points

Impact Of Energy Shock On UK Remains Uncertain, Committee Ready To Act As Necessary BoE: CPI Could Reach 3.2% In Q4 2026 (June Minutes: A Little Above 3.25% In Q4 2026) BoE's Bailey: Inflation Has Fallen Faster Than We Expected But Will Rise Again Later This Year; BoE Will Ensure Increase Is Temporary BoE Forecast Shows CPI To Fall Below 2% Target In Q1 2028 (No Central Forecast In April)

SquawkNews Newsroom 2 updates Updated Jul 30, 2026, 11:12 AM UTC

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11:08:44 AM UTC
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BoE: Central forecast shows CPI in Q1 2027 at 3.2%, 1.7% in Q1 2028, 1.9% in Q1 2029
11:12:22 AM UTC
SquawkNews
MPC Members Greene, Pill And Mann Voted To Increase Rates By 0.25 Percentage Points

Impact Of Energy Shock On UK Remains Uncertain, Committee Ready To Act As Necessary BoE: CPI Could Reach 3.2% In Q4 2026 (June Minutes: A Little Above 3.25% In Q4 2026) BoE's Bailey: Inflation Has Fallen Faster Than We Expected But Will Rise Again Later This Year; BoE Will Ensure Increase Is Temporary BoE Forecast Shows CPI To Fall Below 2% Target In Q1 2028 (No Central Forecast In April)