News list for " the Bank of England"
The Bank of England is expected to cut interest rates by another 25 basis points this week, as policymakers weigh signs of a weakening British economy against the prospect of a short-term pick-up in inflation. Financial marekt has been betting that the Bank of England's monetary policy committee will cut the official interest rate to 4.5% on Thursday, the third cut in borrowing costs in more than half a year. But with inflation likely to pick up again in the UK and US President Donald Trump's ta...
Citi said it now expects the Bank of England to start cutting interest rates in a row in August 2025, compared with a previous forecast for May. (Jin Ten)
Ms Britten, deputy governor of the Bank of England, said on Thursday that recent evidence supported a gradual rate cut but that measuring the appropriate pace of easing was tricky. "Recent evidence further supports the removal of policy constraints, which I expect to continue to be phased out over time," said Ms Britten, deputy governor for financial stability and seen as a centrist on the monetary policy committee, in a speech at the University of Edinburgh. She said that at this stage "...
Bailey, the governor of the Bank of England, said it was too early to declare an inflation victory; he was cautiously optimistic that inflation expectations would be better anchored.
The three main central banks, including the Federal Reserve, the Bank of Japan and the Bank of England, will hold policy meetings this week, and the outcome is expected to be at least different. The Bank of Japan will announce its first decision on Wednesday, and analysts are currently divided on whether the central bank will raise its policy rate from its current 0% -0.1% or signal an imminent rate hike. Beautiful...
The Bank of England maintained its original interest rate unchanged, and the initial request data drove the pound to rebound from a low level. The market is still controlled by bears, but the sharp decline needs to be catalyzed by the dollar. Goldman Sachs expects the Bank of Japan to still raise interest rates, and the time point may appear in... > >
7x24 Newsflash
Hot News
