Bank of England Governor Bailey: Conditions are crucial to the CPI outlook.

HSBC: Saudi Arabia’s decision will support oil prices in the medium term, but the market should remain well-supplied or oversupplied in the medium term.

HSBC: Saudi Arabia’s decision to halt its oil growth plan shows that the country realizes that there is limited room for Saudi crude oil.

Financial website Forexlive comments on U.S. challenger layoff data: This number may seem high, but it does likely reflect a slight seasonal pattern. There were 82,307 layoffs in January, down from 102,943 in January last year, when the number was the highest since 2009.

Bank of England Governor Bailey: Inflation will remain above target for longer than predicted in November.

Bank of England Governor Bailey: "Restrictive" interest rate policy is easing inflation.

Media Director of the United Nations Relief and Works Agency (UNRWA): If funding to UNRWA is suspended, it is expected that all its operations in the region, not just the Gaza Strip, will be forced to stop by the end of February.

South African Automobile Association: New car sales fell 3.8% year-on-year in January to 41,636 units.

[Agency comments on the Bank of England’s interest rate decision] Analysts said that the British Monetary Policy Committee believes that if interest rates remain unchanged during the Bank of England’s forecast period, the inflation rate will fall below the 2% target starting from the end of 2025. This means the Bank of England may cut interest rates, but not as much as the market thinks.

Lane, chief economist of the European Central Bank: Profit rates are crucial to the development of inflation.

Bank of England: According to market interest rate expectations, CPI growth is expected to rise above the 2% target in the third quarter of 2024, and will not return to the target again until the fourth quarter of 2026.

Bank of England: UK inflation is expected to return to the 2% target "temporarily" in the second quarter.

British bonds fell after the Bank of England kept interest rates unchanged, with the 10-year yield rising 2 basis points to 3.81%.

Bank of England: Two-thirds of austerity measures have affected the economy.

Bank of England: Excess demand in the UK economy has fallen to zero from 1.75% at the beginning of 2022.

Bank of England: Real after-tax household income is expected to grow by 0.5% in 2024 (November forecast was 0.25%), 0.25% in 2025 (November forecast was 0.25%), and 0% in 2026 (November forecast was 0.25%) 0.5%).

Bank of England: Bank of England Governor Bailey said the performance of inflation in recent months was good news.

Bank of England: Based on market interest rates and model forecasts, inflation is expected to be 1.9% in three years (November forecast was 1.5%).