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.

Week Ahead - US and eurozone inflation, Fed speak, Bank of Japan minutes
It will be a busy week filled with a wide range of economic releases, with the focus falling on the consumer and the Fed’s preferred inflation gauge.  August personal income is expected to rise given the strong labor market while spending cooled given the end of summer vacations.  The bond market will pay extremely close attention to the next round of inflation readings.
Sep 22, 2023 by Craig Erlam
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EUR/GBP: Pound falls to 2-month low against euro as BOE rate hiking cycle likely over
BOE officials vote 5-4 to keep rates on hold, first pause in almost 2-years Traders are no longer fully pricing in anymore quarter point rate rises Global bond market selloff saw Gilts rise 8.4bps to 4.292% The British pound went into freefall mode after the BOE unexpectedly kept rates on hold.  The outlook has dramatically changed in a few weeks and investors are concerned about growth prospects. BOE governor Bailey noted that it's premature to talk about rate cuts and right now it seems t
Sep 21, 2023 by Edward Moya
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