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 employment,wage growth falls, US retail sales shine

In the UK, the labor market is showing cracks as payroll employees and wage growth fell, while the unemployment rate rose. US retail sales surprised on the upside, with a gain of 0.6%. This easily beat the consensus of 0.1% and follows two consecutive declines.

17-07-2025 15:10 GMT by Kenneth Fisher

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