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.

EUR/GBP Technical: Bullish impulsive upleg intact (EUR outperformance over GBP) as BoE looms

The Bank of England is expected to cut interest rates by 25 bps to 4%, its lowest in over two years, amid persistent inflation concerns. UK core inflation rose to 3.7% y/y in June, well above the 2% target. Ahead of the BoE decision, EUR/GBP appears poised for a potential bullish breakout, supported by firm technical momentum and narrowing in the discount of German-UK bond yield spreads, with key resistances at 0.8740 and 0.8800, followed by 0.8860 next.

07-08-2025 08:23 GMT by Kelvin Wong

Bank of England (BoE) Meeting Preview: Job Market Holds the Key as 25 bps Cut Looms

This BoE meeting preview analyzes the expected 0.25% rate cut on August 7, 2025. Key factors influencing the decision include the cooling labor market, weaker-than-expected economic growth, and sticky inflation. The article also discusses the MPC vote split, future monetary policy outlook, and technical analysis for GBP/USD.

06-08-2025 14:00 GMT by Zain Vawda