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The Latest Breaking News from MPC

Upbeat inflation news may be too little, far too late for Sunak

It will take time for voters to forget the financial toll from the highest inflation in four decades – and time is not on the PM’s side

The Guardian - UK

How could the new inflation rate affect food prices and bills?

UK inflation slowed to 2 per cent in May, dropping to its lowest level since July 2021

The Independent UK

Inflation finally falls back to its 2% target in major victory for the Bank of England

CPI inflation was last at 2% in July 2021 but rose rapidly to peak at a 41 year high of 11.1% in October 2022

Evening Standard

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UK inflation falls back to official 2% target as food prices rise at slowest rate since 2021 – as it happened

Inflation returns to target for first time since July 2021; breakfast cereal, crisps, vegetables become cheaper

The Guardian - UK

The Bank of England must ignore Taylor Swift and cut interest rates now

City Voices: It’ll be a Cruel Summer if Andrew Bailey and the Bank of England don’t offer some relief on interest rates

Evening Standard

"I didn't expect it to be as good as it is": Watch Roger Linn, creator of the original MPC, test out Akai's MPC Live II

"Akai has done a very good job of honouring the workflow of my original design and bringing it into the present"

MusicRadar

Struggle to damp down inflation leaves Tories’ election hopes high and dry

An improving economy was supposed to boost Sunak’s campaign. But growth is flatlining, and there is little hope of an interest rate cut this week

The Guardian - UK

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Repo rate unchanged at 6.5 per cent: RBI Governor Shaktikanta Das unveils monetary policy

Reserve Bank of India (RBI) Governor Shaktikanta Das said that Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 6.5 per cent. Read further on Dynamite News:

Dynamite News

European Central Bank expected to cut interest rates for first time in five years

A 0.25 percentage point cut to main lending rate is forecast amid growth in Germany, Italy and Spain

The Guardian - UK

Bank of England Under Fire From Leader of the Campaign for Fair Finance

Is the Bank of England up to the job of managing the UK's monetary policy? The leader of The Campaign for Fair Finance Dr Roger Gewolb offered me his views of the UK's central bank.

International Business Times UK

Making the VFX for Halo Season 2

How MPC brought a gaming universe to life.

Creative Bloq

South Africa elections 2024: Ten key people who could shape it

Elections in the country are won based on party popularity but some personalities are driving the discourse.

Al Jazeera

Get it over with and call an election, Rishi — the economy won't look any better by November

City Comment: Downing Street had been banking on a run of interest rate cuts before an autumn election, but that seems off the cards now

Evening Standard

UK inflation predicted to drop close to Bank of England’s 2% target

Forecasters think inflation will drop to 2.1 per cent for April

The Independent UK

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Evening Standard

'Momentous' inflation data will give big clue on interest rate cut timing

Inflation is set to fall to the brink of the Bank of England’s official 2% target

The Guardian - UK

UK interest rate cut is ‘possible’ this summer, says Bank of England deputy

Ben Broadbent says direct impact of Covid and Ukraine war on inflation has faded and BoE is waiting for longer-term effects to decline

The Guardian - UK

Inflation in the UK is about to tumble. But how far – and for how long?

The chancellor will have good news to pass on this week. But he knows the cost of living crisis may not be over yet

Evening Standard

OPINION - A summer interest rate cut would be good news – for an incoming Labour government

British political junkies will effortlessly reel off the names of all nine US Supreme Court justices, but their minds go mysteriously blank if you ask them to identify a single member of the Bank of England's nine-strong Monetary Policy Committee (MPC). And frankly, this newsletter has had enough of the…

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The Guardian - UK

UK interest rates are close to a descent – maybe starting as soon as next month

It seems just matter of time before the two MPC members already in favour of a cut are joined off Table Mountain

The Guardian - UK

Bank of England keeps interest rates at 5.25% but hints at a June cut

Policymakers say they want to see more evidence that price pressures are easing before reducing rates

The Guardian - UK

Bank of England says it could lower interest rates more than expected, but June cut isn’t ‘fait accompli’ – as it happened

Bank of England governor Andrew Bailey is briefing reporters after BoE left UK interest rates on hold again in a dramatic 7-2 split

Evening Standard

When will the Bank of England cut interest rates? My money's on June

City Comment: City markets look to be too bearish on the hope of summer interest rate cuts

Evening Standard

Bank of England set to offer clues on interest rate cut timing, but City expects another hold

Mortgage holders, house hunters and City traders on watch for pointer to a June rate cut

Evening Standard

The blinkered Bank of England plunged us into recession. It must cut interest rates now

City Voices: The Bank of England has kept interest rates too high for too long and we are all suffering as a result

The Guardian - UK

Should the Bank of England cut interest rates with Britain’s economy in bloom?

The UK is expected to come out of recession, but it would be wise not to expect a reduction any time soon

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