Bank of England is ‘not sanguine’ about inflation hump, Greene says
DUBROVNIK, Croatia (Reuters) -The Bank of England still expects the ongoing rise in UK inflation to fade but…
Do you think lenders will cut mortgage rates? Yahoo Finance readers have their say
A number of lenders raised mortgage rates this week, amid uncertainty over the pace of future interest rate…
British Pound trades flat amid BoE caution, US Dollar recovers modestly
GBP/USD trades flat on Tuesday, holding within Monday’s range near 1.3520.BoE Governor Bailey sees rates moving lower but…
Supply chain data points more clearly to disinflation than noisy wage data
Bank of England (BoE) policymaker Swati Dhingra is testifying on the May Monetary Policy Report (MPR) before the…
The Euro firms against the Pound, supported by the 100-day SMA
EUR/GBP steadies on German Retail Sales and Inflation data.The Eurozone faces pressure as the ECB reassesses its potential…
Pound Shines as Strong Data Limits Room for BoE’s Rate Cut
Britain continues to be surprised by strong retail sector data. Data on consumer inflation accelerating to an annualised…
UK Central Bank Could Ease ‘Ringfencing’ Rules for Lenders
The Bank of England is reportedly looking to ease its “ringfencing” rules for British lenders. As the Financial…
EUR/GBP holds below resistance ahead of G7, PPI, and ECB speeches
Euro awaits key catalysts as traders eye Tuesday’s G7 meeting, Germany’s PPI, ECB speeches, and Eurozone Consumer Confidence.EUR/GBP…
Dollar Steadies After Early Weakness, Focus Turns to Australia Jobs Data
Dollar faced broad selling pressure throughout the Asian and European sessions but has since found some footing as…
EUR/GBP dips near 0.8400 as ECB-BoE policy divergence weighs on Euro
Diverging policy outlooks from the European Central Bank and the Bank of England weigh on the Euro.UK labour…
Bank of England cuts interest rates by quarter point
Reading Time: 3 minutes UK: The Bank of England has cut the cost of borrowing, reducing the base…
Bank of England cuts interest rates by quarter point
Reading Time: 3 minutes UK: The Bank of England has cut the cost of borrowing, reducing the base…