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 pound edges higher ahead of BoE's Bailey testimony

BoE's Bailey to testify before parliamentary committee The British pound is slightly higher at the start of the week. In the North American session, GBP/USD is trading at 1.2495, up 0.27%.

20-11-2023 11:25 GMT by Kenneth Fisher

EUR/GBP - BoE policymaker pushes back against market interest rate expectations

UK inflation falling fast but still high BoE Greene does not agree with market expectations EURGBP stalls again near highs Inflation figures from the US and UK have been very promising, so much so that markets see almost no chance of another rate hike in this cycle from either the Fed or BoE and a high likelihood of a rate cut by the end of the second quarter of next year. That's despite one BoE policymaker, Megan Greene, pushing back against that, although it is worth noting she does sit

16-11-2023 11:53 GMT by Craig Erlam