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.

Bank of England lowers rates, UK-US Trade Deal, Pound Rises

The BoE lowered rates by a quarter-point to 4.25%, the second rate cut in 2025. The UK and US announced a trade deal XX. In the US, the Federal Reserve held rates and Fed Chair Powell warned that tariffs could lead to stagflation.

08-05-2025 14:10 GMT by Kenneth Fisher

Europe's Mid-Session Bell: Risk-On sentiment prevails as BoE decision comes into focus

European market update: Stocks rise on trade deal hopes. Pound gains despite expected BoE rate cut. Oil stable, gold dips. Fed views inflation/unemployment risk. DAX technical analysis points to potential downside with support & resistance levels noted. Economic calendar quiet until BoE decision.

08-05-2025 09:13 GMT by Zain Vawda