Bank of England expected to pause rate cuts despite contracting output [Yahoo! Finance]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Yahoo! Finance
Policymakers will be seeking to steer the UK away from stagflation, as growth remains weak and inflation sticky. Recent figures show the UK economy shrank unexpectedly in January by 0.1%. That was driven by decreased manufacturing output — and comes as a blow to the government ahead of its Spring Statement. Inflation, on the other hand, is nearing the BoE's 2% target but remains stubborn. Price pressures rose 3% year-on-year in January, up from 2.5% in the 12 months to December. On a monthly basis, inflation fell by 0.1% in January, compared to a 0.6% fall in the prior year. We might see two more rate cuts this year, but definitely not this week. “It's a bit of a tricky time for the Bank of England,” Marion Amiot, chief UK economist at S&P Gl
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SPGI
Earnings
- 2/12/25 - Beat
SPGI
Sec Filings
- 3/6/25 - Form 4
- 3/6/25 - Form 4
- 3/6/25 - Form 4
- SPGI's page on the SEC website