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.

GBP/USD edges lower, BoE's Bailey says no to rate cuts

BoE's Bailey says no plan to cut rates The British pound has edged lower on Wednesday. In the North American session, GBP/USD is trading at 1.2287, down 0.10%.

08-11-2023 11:12 GMT by Kenneth Fisher

Market Insights Podcast - A promising jobs report, BoE cautious pause

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the US jobs report, Bank of England decision and press conference and today's services PMIs.

03-11-2023 17:23 GMT by Craig Erlam