Inflation rate remains at Bank of England's 2% target rate - but what's to come?

Показать описание

There has been no change to the rate of inflation which remained at 2%, the target rate for the Bank of England, according to official figures.

But the market expectation is now there will be no cut in August when Bank officials next meet to consider rates.

#inflation #economy #bankofengland

Рекомендации по теме

Комментарии

No one’s mentioning that inflation, from a compounded perspective, prices have increased from June 2021 to June 2024 by 22%. *Thats 11 years worth of inflation in 3 years*

versaceviper

Why don’t prices come down? In the usual chain restaurants menu prices are still up, notably in the prices of drinks too, food and drink all up an extra £2 or so still.

Optimised

Ah yes another 2% on top of the 20+% we’ve already had. Excellent.

robc

If it doesn't include housing costs then its nonsense

stuartburns

Newly added to the products used to calculate inflation are: taxidermy alligators and anti-gravity bathroom paint.

mrmeldrew

It’s all a con we know inflation is higher than this. Any calculation that doesn’t include housing is a joke.

Jimmy-ztxd

Bitcoin is the most important invention in the history of the world since the internet

korkyket

Inflation 2%??? Don't think so...fish n chips £12.50, KFC bargain bucket 6 pieces £20...or these food outlets profiterring?

JackKing.

'Pick n mix' as far as what is used to ascertain 'inflation'.
The official inflation rate is complete horses**te!

garydavid

Labour is to blame. They are scaring the market

nimzgaz

TOTAL AND UTTER PROPAGANDA BOLLOCKS!!!

wyndhamhewlett

Keeping intrest rates higher only makes the rich richer

stephenharkness

So, after historic increases to costs, costs continue to increase.

bobbobbington

Here comes the crash, here comes the crash!

BIBIWCICC

The number doesn’t include stuff like food. 🙄

bikokch

Just to be clear, 2% CPI isnt the target. CPI is a monthly measure, so prices increased 2% this month. The inflation target is 2% yearly! 2% monthly is more like 6% yearly its no where near targets. For a 2% yearly inflation we need monthly to be 0.3-0.4%

tagKnife

Inflation rate remains at Bank of England's 2% target rate - but what's to come?

Goldman Sachs explains why China's inflation rate remains low

Canada’s inflation rate remains at 6.9%

Inflation will remain at a very high level, German central bank president says

Reserve Bank keeps cash rates on hold as inflation remains as low as wage growth | Finance Report

Bank of England lifts inflation and growth forecasts as it raises interest rates to 4.5%

Adjusting Your Banking Strategy To Account For Inflation | NerdWallet #Shorts

European Central Bank keeps interest rates unchanged despite record inflation

Fed's Collins on Inflation, Rates Path, Banking System

Canada's Inflation Rate DROPS: Bank of Canada to Raise Interest Rates ?

UK Inflation Stays Much Stronger Than Expected

‘Not over’: Australia still seeing ‘significant drivers’ of inflation

Key Fed inflation gauge shows prices still cooling | REUTERS

#Economic Future Uncertain Now that Two Major #Banks Have #Collapsed #inflation #shorts

Canada's inflation rates hold steady in October as economists expect another rate hike

Canada's Inflation to remain 'PAINFULLY HIGH' in 2022: Bank of Canada - Interest Rate...

How Do We Fight Inflation?

India's GDP, Inflation and Repo Rate, RuPay Forex Cards & More | Watch RBI's Top Annou...

Bank of Canada discusses inflation, economy after key interest rate raised 50 basis points | FULL

What’s So Special About 2% Inflation?

UK economy: recession fears as inflation still bites

UK Latest: Higher-Than-Expected Inflation Adds Pressure on BOE to Hike Rates

Inflation remains 'debilitating' to the average U.S. worker amid Fed rate hikes: Strategis...

Central Banks Prepare for Inflation Fight

Daniel Lacalle: Central Banks Are Not Hawkish! #economy #fed #inflation #centralbanks