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BBCNEWS BBC July 4, 2024

Projection that we present today is very much into parts. Im going to begin with the first part. Starting near term outlook. This chart shows the evolution of Consumer Price inflation and its components since 2018. It shows that inflation has come off the peak in october last year and that it continues to fall over the rest of this year in our near term projection. Thats the piece showed in the shade of part of the chart. This fall can be attributed in large part to a full on contribution from energy. Fuel prices have declined, electricity and gas prices have stabilised, albeit at a higher level. The Dark Orange Bars on this chart show how the contribution from Energy Prices falling and turning negatively in the coming months. Giving off gems price cap on energy and gas bills, we expect inflation to take a further step ....

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BBCNEWS Breakfast July 6, 2024

16 countries take the stage in liverpool later for the second semifinal. sticking with the eurovision theme, we are in liverpool at the shopping centre right in the heart of liverpool, surrounded by these beautiful eggs, i will tell you about them later on. the bank of england is expected to raise interest rates again today to 4.5%, the highest level in 15 years. it will be the 12th consecutive hike since december 2021, meaning mortgage payments could rise further for millions of customers. our business correspondent hannah miller reports. this is the first home gheev has owned, bought with his girlfriend two months ago. but since they agreed their mortgage, the monthly payments have gone up twice in line with the base rate of interest set by the bank of england. when we were coming to find a mortgage, the fixed rates were astronomically high. we figured that if the bank of england base rate goes up by another two or three percentage points, we re actually better off st ....

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BBCNEWS BBC News Now June 4, 2024 11:52:00

Of policy but i want to emphasise again but this stance, can import incorporate a number of quite a lot of different parts of interest rates and that is very important point to make. , ., ., and that is very important point to make. , ., ., make. it s not quite true to say that the forecast make. it s not quite true to say that the forecast depends - make. it s not quite true to say that the forecast depends on . make. it s not quite true to say i that the forecast depends on the average that the forecast depends on the average level that the forecast depends on the average level of that the forecast depends on the average level of interest - that the forecast depends on the average level of interest rates i average level of interest rates until average level of interest rates until then average level of interest rates until then but average level of interest rates until then but it average level of interest rates until then but it is average level of interest rates unt ....

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BBCNEWS Breakfast June 4, 2024 05:34:00

It could be quite a cloudy start to friday. friday and saturday mostly dry, but always the chance of some further showers at times. that s it head to our website to find out about the runner who has run 73 marathons in 73 days. we re back in half an hour. bye. hello, this is breakfast with charlie stayt and naga munchetty. it s expected that the bank of england will raise interest rates again today. hannah s looking at this for us this morning. this for us this morning. matters a lot, doesn t it? for so this matters a lot, doesn t it? for so many households are.- this matters a lot, doesn t it? for so many households are. when you talk to people so many households are. when you talk to people about so many households are. when you talk to people about interest i so many households are. when you talk to people about interest ratesl talk to people about interest rates after they have not paid a huge amount of attention to what is going on until the moment when it really affect them ....

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BBCNEWS The Context with Christian Fraser June 4, 2024 21:38:00

Central bank saw with our federal reserve, the central bank in saw with our federal reserve, the central bank in the saw with our federal reserve, the central bank in the united - saw with our federal reserve, the central bank in the united states i central bank in the united states yesterday. central bank in the united states yesterday, raising central bank in the united states yesterday, raising interest - central bank in the united states yesterday, raising interest ratesl central bank in the united states . yesterday, raising interest rates by quarter yesterday, raising interest rates by quarter basis yesterday, raising interest rates by quarter basis point, yesterday, raising interest rates by quarter basis point, or yesterday, raising interest rates by quarter basis point, or 0.25%. - yesterday, raising interest rates by quarter basis point, or 0.25%. you| quarter basis point, or 0.25%. you have quarter basis point, or 0.25%. you have interest quarter basis po ....

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