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.

UK retail sales rebound, Pound dips

UK retail sales rebounded in June with a 0.9% gain, up from a dismal -2.8% in May. The BoE meets in August and will have to decide whether to cut or hold rates. There are cracks in the labor market but inflation heated up in June.

25-07-2025 12:40 GMT by Kenneth Fisher

Markets welcome Japan trade deal, Google/Tesla earnings, BoE chief pushes back

The Japan-US trade deal is a major victory for President Trump and has put the markets in a risk-on mood. Google and Tesla earnings will be carefully watched and BoE Governor Bailey pushed back against calls to ease banking regulations

24-07-2025 08:25 GMT by Kenneth Fisher