Bank of England Governor Bailey: More data will help assess the CPI outlook.

Bank of England Governor Bailey: Risks to the global economy continue to come from the Middle East.

Bank of England Governor Bailey: Inflation is expected to rise slightly later this year.

Bank of England Governor Bailey: Consumer price inflation was stronger than expected, reaching 0.1%.

Bank of England Governor Bailey: The economy in the first quarter of 2024 was slightly stronger than expected.

Bank of England: Real after-tax household income is expected to grow by 1.75% in 2024 (forecasted at 0.5% in February), 1% in 2025 (forecasted at 0.25% in February), and 0.5% in 2026 (forecasted at 0% in February).

Bank of England: The unemployment rate is expected to be 4.4% in the fourth quarter of 2024 (4.6% forecast in February); 4.7% in the fourth quarter of 2025 (4.9% forecast in February), and 4.8% in the fourth quarter of 2026 (5% forecast in February).

Bank of England: Wage growth is expected to be 5.25% in the fourth quarter of 2024 (4% forecast in February), 2.25% in the fourth quarter of 2025 (2.75% forecast in February), and 1.5% in the fourth quarter of 2026 (1.75% forecast in February).

Bank of England: The economy is expected to be weak this year and next.

Bank of England: The inflation target is expected to be 2% in the second quarter of 2024 and then rise to 2.6%.

Ukrainian President Volodymyr Zelensky has appointed former Army Chief of Staff Sergei Zaluzhny as ambassador to the UK.

Bank of England Governor Bailey: We have received encouraging news on inflation, but we need more evidence that inflation will remain low before cutting interest rates.

Bank of England Governor Bailey: I am optimistic about the interest rate cut and believe that things are moving in the right direction.

Bank of England: The Monetary Policy Committee will consider upcoming data and take appropriate measures if the data show that the continued risks of inflation have weakened.

The Bank of England reiterated that the Monetary Policy Committee "will continue to assess how long Bank Rate should remain at its current level".

Bank of England: The widening demand gap between the US and Europe may lead to divergence in monetary policy and have an impact on foreign exchange.

Bank of England meeting minutes: No members voted to raise interest rates.