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 inflation heats up, Pound shrugs

UK CPI and core CPI rose in June and were higher than expected. Still, the money markets widely expect a rate cut at the August meeting, as the UK economy is struggling and badly needs relief in the form of a rate cut.

16-07-2025 09:45 GMT by Kenneth Fisher

Breaking News: UK Inflation Hits 3.6% Beating Forecasts, GBP Bid

UK inflation reaches 3.6%, exceeding forecasts, as the GBP strengthens. However, the labor market and growth outlook present ongoing challenges for the UK economy. When will the Bank of England cut rates?

16-07-2025 06:40 GMT by Zain Vawda