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 inflation data the headline, BoC ponders another hike, possible RBNZ pause

This week is all about inflation. Annual inflation will tumble as energy prices drop and due to base effects, but many traders will pay close attention to the core readings.

07-07-2023 08:14 GMT by Craig Erlam

RBA delivers a hawkish pause, Zuckerberg takes on Musk

It's been a relatively quiet session with the US bank holiday naturally weighing on activity and those remaining having an eye on Friday's jobs report but the day hasn't been without interest as the RBA opted against hiking interest rates again.

04-07-2023 10:48 GMT by Craig Erlam