Tom Rees

The Bank of England is likely to turn less dovish on Thursday as officials start to fret about the fallout from Donald Trump’s tariff wars and a renewed bout of domestic inflation.

UK wage growth held at its highest level in nine months and employment rose, evidence of a tight labor market that will likely keep the Bank of England cautious over further rate cuts.

(Bloomberg) -- UK wage growth held at its highest level in nine months and employment rose, evidence of resilient demand for workers that will likely keep the Bank of England cautious over further rate cuts.Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoNYC Plans for Flood Protection Without Federal FundsThe Scary Thing About the Wi

Three of the Bank of England’s more dovish members decided against another immediate interest-rate cut, as the panel held policy steady in the face of a turbulent global backdrop.

Tres de los miembros más moderados del Banco de Inglaterra se pronunciaron en contra de otro recorte inmediato de las tasas de interés, cuando el comité mantuvo la política monetaria estable ante un contexto global turbulento.

Die Bank von England hat an ihrer Geldpolitik angesichts des turbulenten globalen Umfelds festgehalten. Drei dem Taubenlager zugeordnete Währungshüter hatten sich gegen eine weitere sofortige Zinssenkung ausgesprochen.

The Bank of England’s most unpredictable policymaker wrong-footed markets and economists again on Thursday.

(Bloomberg) -- Three of the Bank of England's more dovish members decided against another immediate interest-rate cut, as the central bank held policy steady in the face of a turbulent global backdrop.

The UK economy showed tentative signs of shaking off the stagnation that has dominated since Labour took power last summer, according to a closely watched survey.

Fresh doubts over the accuracy of Britain’s official data have been raised by economists, who warned that the problems first seen in the labor market figures are “just the tip of the iceberg.”