Final rate hikes in store for many central banks?
UK100 breakout quickly pushed back
Bullish signs despite initial setback
18-09-2023 12:26 GMT
by Craig Erlam
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.