Bank of England Y&H

Official account of the Bank of England's Agency for Yorkshire & the Humber. Tweets brought to you by Alex Golledge (AG) & Paul Mount (PM)

[Bank of England Y&H @BoEYorkshire]

Follow the Bank of England's Yorkshire Agency to hear about our work, events and what we discover in the region.

[Bank of England @bankofengland]

Governor Andrew Bailey explains today’s interest rate decision.

[Bank of England @bankofengland]

The Monetary Policy Committee voted by a majority of 6-3 to hold #BankRate at 5.25%. Find out more in our #MonetaryPolicyReport: https://t.co/DlCn88I5ut

[Bank of England @bankofengland]

The Monetary Policy Committee voted by a majority of 5-4 to maintain #BankRate at 5.25%. https://t.co/jfAstgGch5

[Bank of England @bankofengland]

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 @bankofengland]

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 @bankofengland]

The #MonetaryPolicyReport press conference is about to start. Watch here: https://t.co/RMDouPnZVr

[Bank of England @bankofengland]

We expect inflation to fall further this year, to around 5%, and meet our 2% target by early 2025. https://t.co/fGooUBPP4w #MonetaryPolicyReport #inflation

[Bank of England @bankofengland]

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. https://t.co/fGooUBPP4w #MonetaryPolicyReport

[Bank of England @bankofengland]

The Monetary Policy Committee voted by a majority of 6-3 to raise #BankRate to 5.25%. Find out more in our #MonetaryPolicyReport: https://t.co/fGooUBPP4w

[Bank of England Y&H @BoEYorkshire]

Looking forward to this, 👇… challenging times so expecting some tough Qs! AG

[The Sheffield Business School @SBSHallam]

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.
https://t.co/OVe9Dm73bA

[Bank of England Y&H @BoEYorkshire]

Thanks Melissa, excellent to have you along and hear about the local property market. Hope to see you at a future event. AG

[Fenwood Estates Ltd @FenwoodEstates]

An excellent event as always Doncaster Chamber , thank you for inviting me along 😊 https://t.co/uaN1l6dceW

[Bank of England Y&H @BoEYorkshire]

Looking forward to the event ⬇️ AG

[The Sheffield Business School @SBSHallam]

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
https://t.co/9XSvdWyTJF

[Bank of England @bankofengland]

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. https://t.co/zsyOpkm1FD

[Bank of England @bankofengland]

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. https://t.co/zsyOpkm1FD #MonetaryPolicyReport #inflation

[Bank of England @bankofengland]

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. https://t.co/zsyOpkm1FD #MonetaryPolicyReport

[Bank of England @bankofengland]

The Monetary Policy Committee voted by a majority of 7-2 to raise #BankRate to 4.5%. Find out more in our #MonetaryPolicyReport: https://t.co/zsyOpkm1FD

[Bank of England @bankofengland]

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. https://t.co/Lc8hTEFBh4 @IIF

[Bank of England @bankofengland]

The Monetary Policy Committee voted by a majority of 7-2 to increase #BankRate to 4.25%. https://t.co/3us4oE1pmh

[Bank of England Y&H @BoEYorkshire]

Andrew👇 explaining the actions we have taken today on Monetary Policy and in the recent week on Financial Stability….. AG

[Bank of England @bankofengland]

Andrew Bailey explains why we have raised rates by 0.25% today. Inflation is still too high, but we continue to expect it to fall sharply from the middle of this year. Raising interest rates is the best way we have of making sure that happens.

[Bank of England Y&H @BoEYorkshire]

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