Tag Archives: inflation

Bank of England bosses make waves this week

When it rains, it pours: as the current Bank of England director claims the Government is causing the country’s financial problems, a new deputy is named.

Bank of England’s MPC votes no on more quantitative easing

The Bank of England’s Monetary Policy Committee recently made the decision to hold off on any more quantitative easing for the time being, industry experts recently reported, as all but one committee member voted against further asset purchase.

Finally some good news: CPI inflation rate drops to 3%

Consumers starved for any good news at all finally have a reason to rejoice, with the Consumer Price Index was recently adjusted downward by 0.5 percentage points to a 3 per cent inflation rate – the lowest it’s reached since February of 2010, according to the Office of National Statistics.

Savers and pensioners being sent to poorhouse?

Campaigners say that the Bank of England’s decision to keep interest rates down in the dumps while continually pouring newly-printed money into the economy through quantitative easing has done nothing but send savers and pensioners into the poorhouse.

Inflation rumoured to stay above 3% for rest of 2012

Rumour has it that the nation’s inflation rate is going to persist in staying above 3 per cent for the remainder of 2012 – news that has made savers gnash their teeth and rend their garments in frustration.