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.

Asia mid-session: US dollar retreats after Trump's “TACO” on Iran, US stock indices brace for “Triple Witching”

Global markets swung sharply as Trump delayed a strike on Iran, offering a two-week diplomatic window. Despite the shift, Israel-Iran hostilities persisted, with rising civilian risks. The US dollar retreated post-FOMC, ignoring dovish BoE and SNB moves. WTI held firm above US$74, while gold dipped near US$3,350 support. Mixed Asian equities and looming US “Triple Witching” may spark fresh volatility.

20-06-2025 07:41 GMT by Kelvin Wong

Fed and BoE hold rates, SNB cuts to zero,oil prices soar

The Federal Reserve and BoE both held interest rates. The SNB lowered rates by a quarter-point to zero and oil prices have surged higher as the Israel-Iran war continues.

19-06-2025 17:05 GMT by Kenneth Fisher