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 - A huge week for BoE, SNB to keep hiking, CBRT a wildcard

US It will be a quiet Monday as Wall Street observes Juneteenth. A week filled with economic releases will probably see the most attention go towards Fed speak. After the Fed’s hawkish skip, Wall Street wants to know if they can become convinced that we could see two more rate hikes.

16-06-2023 15:30 GMT by Craig Erlam

Must the BoE now consider larger rate hikes? Fed on course to pause? Oil bounces back

A truly devastating jobs report for BoE policymakers It's not often that you would refer to a jobs report that delivers a drop in unemployment, record employment and a rise in wages as horrible, but that is exactly what the Bank of England will be feeling today. The central bank has raised interest rates for the last 12 meetings in a row and yet the economy is showing the kind of resilience that few would have anticipated. This creates an enormous headache for the MPC as it desperately wants t

13-06-2023 14:17 GMT by Craig Erlam