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.

Why are government bond yields rising so much as of late?
An explanation on why government yields are rising so much, amid the most recent run in the UK Gilts (government bonds). It is essential to understand why higher government debt forces higher yields. Check the few charts to spot these dynamics, and a good resume of what is happening in our economies. Also, a too long didn't read summary available in case.
by Elior Manier
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Sterling Outlook Softens amid Sticky Inflation, Slowing Growth and Fiscal Strains
GBP outlook has turned bearish: Sticky inflation, slowing growth, and tight fiscal prospects tilt risks to the downside despite earlier stability versus G10. BoE likely to cut once more, then pause: After a split August 25 bp cut, a single 25 bp cut in November is plausible, with futures sceptical about further easing. Inflation is persistent and services-led: Core ~3.8% y/y; services ~5% y/y; broad pricing pressure and elevated expectations keep disinflation progress limited.
by Łukasz Zembik
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