Official account of the Bank of England's Agency for Yorkshire & the Humber. Tweets brought to you by Alex Golledge (AG) & Paul Mount (PM)
Joined September 2015
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Follow the Bank of England's Yorkshire Agency to hear about our work, events and what we discover in the region.
Bank of England Y&H retweeted
The Monetary Policy Committee voted by a majority of 6-3 to hold #BankRate at 5.25%. Find out more in our #MonetaryPolicyReport: b-o-e.uk/MPR-Nov-2023
ALT We have kept interest rates at 5.25%
Bank of England Y&H retweeted
The Monetary Policy Committee voted by a majority of 5-4 to maintain #BankRate at 5.25%. b-o-e.uk/44XyyY9
ALT We have maintained interest rates at 5.25%
Bank of England Y&H retweeted
Andrew Bailey explains today’s decision on interest rates. Inflation has fallen a lot in recent months, and we think it will continue to do so. That’s welcome news. But there is no room for complacency.
Bank of England Y&H retweeted
Inflation is falling. That’s good news. We now need to ensure it falls all the way back to our 2% target and stays there. That’s why we’ve raised rates to 5.25% today. Andrew Bailey sets out more on the interest rate decision below.
Bank of England Y&H retweeted
The #MonetaryPolicyReport press conference is about to start. Watch here: b-o-e.uk/47dQ5xJ
Bank of England Y&H retweeted
We expect inflation to fall further this year, to around 5%, and meet our 2% target by early 2025. b-o-e.uk/MPR-Aug2023 #MonetaryPolicyReport #inflation
Bank of England Y&H retweeted
Higher interest rates make it more expensive to borrow money. Higher borrowing costs are difficult for many people - but if we do not raise rates, high inflation will last longer and make things worse. b-o-e.uk/MPR-Aug2023 #MonetaryPolicyReport
Bank of England Y&H retweeted
The Monetary Policy Committee voted by a majority of 6-3 to raise #BankRate to 5.25%. Find out more in our #MonetaryPolicyReport: b-o-e.uk/MPR-Aug2023
ALT We have increased interest rates to 5.25%
Looking forward to this, 👇… challenging times so expecting some tough Qs! AG
Join us online next Tuesday, 4th July, as Alex Golledge from @BoEYorkshire delivers an annual economic update. Alex will cover the recent economic conditions, and the Bank's central forecast for the UK economy. Join us for free by registering below.
FABSTalk.eventbrite.co.uk
Thanks Melissa, excellent to have you along and hear about the local property market. Hope to see you at a future event. AG
An excellent event as always Doncaster Chamber , thank you for inviting me along 😊 lnkd.in/euKZe6MH
Looking forward to the event ⬇️ AG
On Tuesday 4 July Alex Golledge from Bank of England will be providing an annual economic update. Alex will discuss the current economic conditions, and the Bank’s central forecast for the UK economy. Join us online for free by registering here
eventbrite.co.uk/e/fabstalk-…
Bank of England Y&H retweeted
Andrew Bailey sets out why we have raised rates by 0.25% today. The economy is doing better, but inflation is still too high. Raising interest rates is the best way we have of making sure inflation falls and stays low. b-o-e.uk/MPR-May2023
Bank of England Y&H retweeted
We expect inflation to fall quickly this year. It’s our job to make sure that inflation returns to our 2% target. Low and stable inflation is vital for a healthy economy. b-o-e.uk/MPR-May2023 #MonetaryPolicyReport #inflation
Bank of England Y&H retweeted
We’ve put up interest rates to make sure inflation falls and stays low. Raising interest rates is the best way we have to bring inflation down. b-o-e.uk/MPR-May2023 #MonetaryPolicyReport
Bank of England Y&H retweeted
The Monetary Policy Committee voted by a majority of 7-2 to raise #BankRate to 4.5%. Find out more in our #MonetaryPolicyReport: b-o-e.uk/MPR-May2023
ALT We have increased interest rates to 4.5%
Bank of England Y&H retweeted
Andrew Bailey shares a series of recent lessons for monetary and financial stability. He looks at how they all fit together and the challenges they pose. b-o-e.uk/4032XC1 @IIF
ALT Monetary and Financial Stability: Lessons from Recent Times
Bank of England Y&H retweeted
The Monetary Policy Committee voted by a majority of 7-2 to increase #BankRate to 4.25%. b-o-e.uk/407i5zd
ALT We have increased interest rates to 4.25%
Andrew👇 explaining the actions we have taken today on Monetary Policy and in the recent week on Financial Stability….. AG
Thank you to Richard Mills, Liam Robinson and Denzil Lawrence @BoeingUK for hosting Governor Andrew Bailey at your Sheffield factory last week. We learnt alot about advanced manufacturing and it was great to speak to some of your apprentices. AG & PM
