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 - BoE to keep hiking, US jobs and eurozone inflation eyed
With inflation steadily cooling, the Fed’s historic tightening campaign appears to be ending.  The focus on Wall Street won’t just be inflation but now also economic activity.  The upcoming week will be filled with several economic readings.  On Monday, we will see two Fed regional surveys.  The MNI Chicago PMI is expected to slightly improve while the Dallas Fed manufacturing activity report remains deeply in negative territory.
by Craig Erlam
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