Latest News

UK energy bill help could lower inflation, BoE’s Pill says

0

UK energy bill help could lower inflation, BoE’s Pill says By Reuters

Breaking News

‘;

Economy 9 minutes ago (Sep 07, 2022 10:40)

© Reuters. FILE PHOTO: Electricity pylons are seen near Ashford, Britain, August 15, 2022. REUTERS/Toby Melville

LONDON (Reuters) – A new cap on British household energy bills touted by new prime minister Liz Truss could lower the path of inflation relative to the Bank of England’s forecasts published in August, BoE chief economist Huw Pill said on Wednesday.

“Net-net on the implications for headline inflation in the short term, I would expect that to see a decline,” Pill told lawmakers.

Pill said the implications for monetary policy however were unclear.

UK energy bill help could lower inflation, BoE’s Pill says

BoE’s Bailey says Truss energy announcement will be key for marketsBy Reuters – Sep 07, 2022

LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Wednesday that he welcomed the plan by new British Prime Minister Liz Truss to announce this week how her…

Europe’s alternatives if Russia shuts off gas supplyBy Reuters – Sep 07, 2022

(This September 2 story corrects to show Germany plans to build five LNG terminals not two) By Nina Chestney LONDON – The Nord Stream 1 pipeline that transports Russian gas to…

Stocks fall on rate hike bets, yen drops to 24-year lowBy Reuters – Sep 07, 2022

By Elizabeth Howcroft LONDON (Reuters) – European stock markets opened in the red on Wednesday after U.S. economic data prompted traders to ramp up Federal Reserve rate hikes…

Our Apps



Terms And Conditions
Privacy Policy
Risk Warning

© 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Europe’s alternatives if Russia shuts off gas supply

Previous article

Bank of England says Truss energy plans could slow inflation

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News