BOE

Breadcrumb linksBMN BusinessThe Bank of England entered the year with investors anticipating six interest rate cuts, a surprise easing that promised to breathe life into the UK economy. It will end in 2024 with borrowing costs remaining a…

The British pound on Thursday saw a significant decline, which Capital Daily analysts attribute to a combination of factors including the Bank of England's (BoE) dovish monetary policy outlook, the currency's high valuation, and extended…

By Mike Dolan LONDON (Reuters) - Tight monetary policy combined with an austerity fiscal agenda usually leads to a stronger currency, and the pound is rallying in anticipation of that. But it’s not at all clear why the UK government or the…

Goldman Sachs expects the Bank of England to cut interest rates by 25 basis points at its November meeting, following the recent decision to keep the bank rate on hold.Key points:Details of the Bank of England decision:The Monetary Policy…

Bank of England members voted 8-1 to keep the bank's official cash rate at 5.00% in September. Swati Dhingra, a member known for her dovishness, voted for another 25 basis point rate cut after a similar cut in August. The vote was much…

The U.S. dollar rose slightly on Thursday, recovering from its lowest level in more than a year after the Federal Reserve announced a large interest rate cut, while sterling rose ahead of the Bank of England's latest policy meeting. At…

After months of speculation, the Federal Reserve may finally cut interest rates for the first time in years this week. But that’s not the only thing shaking the markets! Traders are also set for two more big central bank decisions and…

Sat: China Activity Data (Aug)Mon: N/ATue: EZ/German ZEW (Sep), US Retail Sales (Aug), Canadian CPI (Aug), US Industrial Production & Manufacturing Output (Aug), Business Inventories (Jul), NAHB Housing Index (Sep)Wed: FOMC & BCB…

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It was a close call for the Bank of England, with policymakers voting 5-4 to cut interest rates by 0.25% from 5.25% to 5.00% at their August meeting. In their monetary policy statement, Bank of England officials said that weak wage…