Andrew Bailey, the governor of the Bank of England, has insisted “the job is not done” on falling inflation as the Bank of England decides to leave its interest rate at 5.25%.
Report by Ajagbef...
August saw an unexpected decline in Britain's high inflation rate, which dropped to 6.7%, its lowest level since February 2022. Investors have begun to speculate on whether the Bank of England..
Federal Reserve Chair Jerome Powell, speaking at the Jackson Hole Symposium, emphasized the potential necessity for the US Federal Reserve to implement additional interest rate hikes in order to..