The British pound is trading quietly on Monday. In the European session, GBP/USD is trading at 122.49, up 0.15%.
Mar 27, 2023
by Kenneth Fisher
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.