The Latest Breaking News from Bank of England

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) is up +0.11%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.3%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.26%. Stock index futures this morning are mixed...

Any shift on the Monetary Policy Committee toward a call for a rate cut will affect the outlook for timing of the first move down

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.10%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.18%. Stock index futures this morning are modestly lower on position squaring ahead of Tuesday’s U.S. consumer price report and the results of the Tue/Wed FOMC meeting. U.S....

Stubbornly high inflation forces central banks to avoid cuts, but markets expect falls next year

When asked what they expect the rate of inflation to be five years from now, respondents gave a median answer of 3.2%

The Bank of England recently released its Financial Stability Report, spotlighting the resilience of UK households and businesses in the face of escalating interest rates.

AI and machine learning have been used across the financial sector for at least a decade, such as to help detect fraud and money laundering.

As the use of artificial intelligence (AI) becomes more widespread, the Bank of England's financial policy committee has grown increasingly concerned about the systemic threats posed by the broader adoption of AI.

Live, rolling coverage of business, economics and financial markets as Bank of England’s Andrew Bailey calls for UK to ‘embrace AI’

Rightmove foresees sellers having to adopt more competitive pricing strategies in 2024 to secure transactions.

House prices inched up by 0.2% last month, compared with October, Nationwide revealed in its monthly House Price Index.