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Bank of England (BoE) news

The Bank of England (BoE) is the central bank of the United Kingdom. Its primary objective is to maintain price stability, targeting a 2% inflation rate. The BoE uses interest rate adjustments and quantitative easing to influence the economy and achieve its inflation target. It also plays a key role in ensuring financial stability in the UK.

British pound rises after Fed meeting, BOE next
Bank of England expected to pause Federal Reserve projects three rate cuts in 2024 The British pound continues to move higher on Thursday. In the European session, GBP/USD is trading at 1.2648, up 0.24%. The US dollar took a tumble on Wednesday after the Federal Reserve gave the nod to rate cuts in 2024.
Dec 14, 2023 by Kenneth Fisher
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Market Insights Podcast - Big week on interest rates as Fed, BOE, ECB looms together with US CPI, Japan flash PMI
OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic events that focus on the monetary policy decisions of key central banks; Fed, ECB, and BoE.  Monetary policy officials may challenge the current aggressive dovish expectations on the trajectory of interest rate cuts for 2024. The primary focus will be on the release of the latest Fed's dot plot on Wednesday, 18 December together with the FOMC monetary policy meeting outcome; Fed funds interest rates futu
Dec 11, 2023 by Kelvin Wong
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