The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain ...
But it is not just about interest rates. It’s a BoE Super Thursday, so the central bank will also release the meeting Minutes ...
The BoE’s forecasts suggest it will only cut rates two more times over the next three years on the back of higher inflation and weaker underlying growth capacity. The 7-to-2 vote to cut rates with a ...
WE EXPECT TO BE ABLE TO CUT THE BANK RATE FURTHER BOE'S BAILEY: BUT WE WILL HAVE TO JUDGE MEETING-BY-MEETING HOW FAR AND HOW ...
According to ING; “potential downside risks to sterling are evident in the vote split or the growth forecast downgrade and what it means for the fiscal position. And through the second quarter, we ...
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...
BOE cuts rates to 4.5% as U.K. growth stalls. Pound weakens, gold gains. Will policymakers signal another cut as soon as ...
Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not lead to second-round ...
In its first meeting of 2025, the bank’s Monetary Policy Committee voted seven to two in favour of the drop from 4.75 per ...
Traders upped bets for further interest-rate cuts from the Bank of England this year after policymakers lowered borrowing ...
The GBP/JPY pair faces an intense sell-off and dives vertically to near 188.40 in Thursday’s North American session, the ...
Sterling was set for its biggest one-day fall since early January on Thursday, after the Bank of England (BoE) cut interest ...