The Bank of England’s Monetary Policy Committee (MPC) is tasked with maintaining price stability and promoting sustainable economic growth. This is achieved through a combination of monetary policy tools, including interest rate adjustments. The MPC’s decisions are based on a complex analysis of economic data, including inflation, employment, and GDP growth. The current economic climate is characterized by high inflation, but the MPC has been hesitant to cut interest rates further.

Keywords Studios is a global leader in the video game industry, with a presence in over 20 countries. Keywords Studios is facing challenges in the current economic climate, with rising inflation and interest rates impacting its profitability. The company has been actively seeking ways to mitigate these challenges, including cost-saving measures and strategic partnerships. Keywords Studios’ financial performance has been strong in recent years, with revenue growth consistently exceeding expectations.

* **Residential Property Price Index:** The Central Bank of Ireland will publish the residential property price index for July on Wednesday. This index tracks the changes in prices of residential properties across the country.