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.

British PMIs accelerate, retail sales next

UK PMIs were stronger than expected and Friday's retail sales are projected to surge to 4.5%. US PMIs beat the forecasts and showed slight growth.

22-05-2025 15:50 GMT by Kenneth Fisher

Pound steady as UK inflation surges

UK inflation was higher than expected in April and could complicate BoE plans for further rate cuts. Fed member Raphael Bostic said that he favoras just one rate cut this year.

21-05-2025 08:50 GMT by Kenneth Fisher