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Bank of England charts path between Covid and inflation

Sumary of Bank of England charts path between Covid and inflation:

  • The BoE will announce the outcome of its latest gathering at 1200 GMT, with policymakers likely relieved over Britain rapid coronavirus vaccine drive which has brightened the economic outlook…
  • — Reuters pic LONDON, March 18 — The Bank of England (BoE) is expected today to maintain the status quo on monetary policy as it mulls Britain post-pandemic recovery alongside rising inflation fears that have rattled the bond market…
  • Economists predict the British central bank will again hold its key interest rate, which was slashed to just 0.1 per cent one year ago following the eruption of the deadly Covid-19 crisis…
  • Bond markets have been shaken in recent weeks by fears that the global stimulus-fuelled recovery will fan inflation and force interest rates hikes sooner than otherwise expected…
  • “While some observers were speculating about the potential for negative interest rates in the UK at the start of the year, the BOE bigger concern lately has been rising interest rates and fears of accelerating inflation as the economy gradually opens up in the coming months,”…

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