Bank of England

IMF Urges Bank of England Caution on Rate Cuts Amid Inflation Concerns

The International Monetary Fund has cautioned the Bank of England against premature interest rate cuts as Britain faces persistent inflation pressures. IMF chief economist Pierre-Olivier Gourinchas emphasized the need for careful monetary policy amid rising inflation expectations.

The International Monetary Fund has delivered a stark warning to the Bank of England, urging extreme caution regarding future interest rate decisions as the United Kingdom battles the highest inflation among G7 economies. In a significant intervention, IMF chief economist Pierre-Olivier Gourinchas emphasized that Britain’s central bank must maintain a careful approach to monetary easing despite growing pressure for relief from high borrowing costs.

IMF’s Direct Warning to UK Monetary Authorities

by Ortega RafaelOctober 14, 2025

Economy and Trading Policy

BOE Governor Bailey Emphasizes Productivity Growth Amid Labor Market Shifts

Bank of England Governor Andrew Bailey has signaled policymakers’ intensified focus on productivity growth while noting emerging labor market softening. The governor’s remarks came during his address at the Institute of International Finance in Washington, outlining key economic priorities.

In a significant policy address, Bank of England Governor Andrew Bailey has underscored the central bank’s heightened focus on driving productivity growth while acknowledging emerging signs of labor market softening. The governor’s remarks, delivered at the Institute of International Finance in Washington, provide crucial insights into the UK central bank’s economic priorities amid evolving global financial conditions.