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It needs to spell out the interest rate trajectory required to manage different risks
Despite fall to single figures, April’s consumer price inflation of 8.7% is significantly above BoE’s forecast
Return of high inflation and slow growth draws comparisons with the 1970s — but economists say this time it is different
Nightmare on Threadneedle Street
Governor Andrew Bailey admits central bank no longer following its own model when predicting price rises
Headline rate set to fall sharply when April data is published on Wednesday as last year’s energy spike drops out of the figures
Mistakes in forecasting the severity of price pressures lead to soul-searching among rate setters
Andrew Bailey pledges to raise interest rates as far ‘as necessary’ to bring inflation down to 2%
PRA klings on to pop culture
Huw Pill says ‘viral response’ has been unhelpful but maintains that it is necessary to slow spending
Michael Saunders argues price surge reflects cost pressures from energy and other commodities
Economists need to be clearer about the limits of their predictions
Resolution Foundation says £12bn costs of rising rates have yet to hit most households
No pivot (yet) but central banks are slowing down, at least in EM
Also in this newsletter, Labour misconduct allegations spark anger among female MPs and vetting backlog poses threat to national security
UK borrowing costs increase to their highest level in almost 15 years
Governor Andrew Bailey defends the central bank’s efforts to tame price rises
As base rate rises to 4.5%, some high street banks offer less than 1% on easy access accounts
MPC meeting expected to decide on a quarter-point rise to 4.5%
Lenders should keep enough collateral with central banks to cover 100% of their short-term deposits in a single day, says Paul Tucker
Investors point to record debt supply as gilt yields climb above those on US Treasuries
Regulator proposes early settlement discount of up to 50% to boost probes into financial sector
The Bank of England may not be able to fix everything but it must get this under control
Industry fears plans to pre-fund the Financial Services Compensation Scheme with a levy will affect cash-strapped borrowers
Central bank stresses figures relating to bond-buying programme are estimates
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