Cut in June or not at all? The Bank of England is left parsing policy between a European Central Bank nailed on for cutting rates by mid-year and a U.S.
May 08, 2024
The Bank of England will wait until next quarter to lower borrowing costs, according to median forecasts in a Reuters poll, although almost half of those
May 08, 2024
More slack in Britain's labour market is needed to be confident that inflation will stay at 2%, Bank of England policymaker Jonathan Haskel said on Tuesday.
May 08, 2024
If worries about sterling were a factor preventing the Bank of England cutting interest rates too far ahead of the U.S.
May 22, 2024
The Bank of England is likely to take another step towards its first interest rate cut in four years on Thursday as inflation falls, but will probably be
May 22, 2024
A look at the day ahead in European and global markets from Tom Westbrook The Bank of England is not expected to move interest rates today.
May 22, 2024
The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target
May 09, 2024
The Bank of England took another step towards lowering interest rates on Thursday, as a second official backed a cut and Governor Andrew Bailey said he was "optimistic that things
May 24, 2024
The Bank of England on Thursday took another step towards lowering interest rates, as a second official backed a cut and Governor Andrew Bailey said he was "optimistic that things
May 24, 2024
The Bank of England paved the way on Thursday for the start of interest rate cuts as soon as next month and Governor Andrew
May 24, 2024
Bank of England Chief Economist Huw Pill said on Thursday that members of the central bank's Monetary Policy Committee were more confident that they would soon be able to cut
May 24, 2024
The Bank of England has sent a new signal that borrowing costs will fall earlier and further across Europe than in the United States, setting
May 24, 2024
Britain's economy grew by the most in nearly three years in the first quarter of 2024, ending the shallow recession it entered in the second half
May 25, 2024
The Bank of England might be able to consider cutting interest rates over the summer although Britain's labour market remains tight by historical standards, the central bank's chief
May 29, 2024
Britain's statistics agency cautioned on Tuesday that the shift to its new, improved labour market survey may be pushed back to as late as
December 03, 2024
The Bank of England could cut interest rates in the next few months, depending on how rapidly the knock-on impact on wage growth and prices from
June 04, 2024
Britain's once towering inflation rate looks set to fall close to the Bank of England's 2% target on Wednesday, but it may be other figures in the data that influence the BoE's
June 05, 2024
Bank of England Governor Andrew Bailey set out an outline for how the central bank intends to keep money markets stable as it sells more of
June 05, 2024
Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills
May 22, 2024
Inflation in Britain eased less than expected and a key core measure of prices barely dropped, prompting investors to pull bets on a Bank of England
July 02, 2024
Even as consensus builds inside and outside the Bank of England on UK interest rate cuts this summer, the thorny issue for banks and bond markets of when it stops its
June 05, 2024
Goldman Sachs, Barclays and Morgan Stanley said on Wednesday that a June rate cut from the Bank of England (BoE) now seems less likely, following a smaller-than-expected drop in British
June 06, 2024
The Bank of England allotted 16.245 billion pounds ($20.64 billion) of one-week funds in its short-term repo operation on Thursday, the largest usage of the facility since it
June 07, 2024
A look at the day ahead in European and global markets from Rae Wee Flash Purchasing Managers Index (PMI) figures in the euro zone, the UK and the United States take centre stage on Thursday, and
June 07, 2024
The British public's expectations for inflation over the next year fell to 3.1% in May, the lowest level since July 2021, a monthly Citi/YouGov survey said on Friday.
June 18, 2024
Growth among Britain's services businesses eased in May from April's 11-month high and inflation pressures dropped to their lowest in three years, a survey showed
June 21, 2024
The Bank of England will start cutting interest rates in August, according to all but two of 65 economists polled by Reuters, and most of them expect at
June 28, 2024
Britain's housing market lost momentum in May as the prospect of imminent rate cuts by the Bank of England faded, spurring a drop in buyer demand and house prices, a survey
June 28, 2024
Any lingering hopes Prime Minister Rishi Sunak might still have for a pre-election interest rate cut will probably be dashed next week, when the Bank of England
June 28, 2024
The value of pay deals handed out by British employers inched higher in the three months to May, according to a survey on Wednesday that underlined how pay growth - a major driver of
July 01, 2024
Sterling rose after UK data showed that underlying price pressures remained strong, meaning the Bank of England is likely to wait longer before cutting interest rates.
July 01, 2024
A look at the day ahead in European and global markets from Ankur Banerjee British inflation may have returned to its 2% target for the first time in nearly three years, setting the stage for the Bank
July 02, 2024
The Bank of England has kept its main interest rate at a 16-year high of 5.25%, even though inflation has fallen to its target of 2%
June 20, 2024
Britain's central bank looks on course to hold interest rates at a 16-year high of 5.25% on Thursday as underlying inflation pressures prove persistent, depriving
July 02, 2024
The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting before July 4's UK election, but the
July 02, 2024
Traders upped bets for a Bank of England rate cut in August, helping to underpin a pre-election rally for UK stocks and government bonds even
June 20, 2024
Risk management in the private equity sector needs improving, the Bank of England said on Thursday, particularly as the period of low interest rates
June 27, 2024
The Bank of England is likely to cut interest rates soon, "probably in August", as long as inflation and wage data align with the Monetary Policy Committee's (MPC
June 27, 2024
Fewer British firms plan to raise their prices in the coming months, according to a survey that will give reassurance to the Bank of England as it considers the possibility of
July 07, 2024
Bank of England policymaker Jonathan Haskel said on Monday that he does not want to cut interest rates from their current 16-year high as
July 08, 2024
Bank of England Chief Economist Huw Pill dampened expectations of an August interest rate cut on Wednesday as he focused on strong price pressures in
July 10, 2024
Bank of England interest rate-setter Catherine Mann on Wednesday emphasised the strength of price pressures in Britain's economy, giving a clear signal she is unlikely
July 10, 2024
Asking prices for British homes coming to the market fell this month, with signs that some buyers are waiting for the Bank of England to cut interest rates, a survey from
July 14, 2024
British inflation defied forecasts for a slight fall and held at 2% in June while strong underlying price pressures prompted investors to
July 17, 2024
Inflation in the U.K. held steady at the Bank of England’s target rate of 2% in June
July 17, 2024
Wages in Britain grew a bit more slowly but still increased at a pace that would normally be too strong for the Bank of England, leaving in doubt
July 18, 2024
First to hike, first to hit its inflation target - and the last to cut?
July 19, 2024
The Bank of England said on Monday that banks should get ready to make greater use of its repo facilities as it sells down its government bond holdings, and that it
July 22, 2024
Bank of England Chief Economist Huw Pill said earlier this month that it was an open question whether the BoE would cut interest rates on Aug. 1, despite inflation returning to its
July 24, 2024
The Bank of England will trim Bank Rate to 5% next week, a majority of economists said in a Reuters poll, and with inflation expected to hover around target, it
July 24, 2024
The Bank of England on Wednesday set out details of a new financial stability tool that insurers and pension funds will be able to use during severe turbulence in the British
July 24, 2024
The Bank of England's first interest rate cut since 2020 hangs in the balance next week, with greater uncertainty than usual as key policymakers have not spoken
July 26, 2024
A look at the day ahead in Asian markets.
July 31, 2024
The Bank of England looks in a position to cut interest rates on Thursday after holding them at a 16-year high of 5.25% for the past year, though markets and
July 31, 2024
The dollar gained on Thursday as rising geopolitical tensions drove a safe-haven boost, while the British pound fell after the Bank of England cut interest rates
August 01, 2024
A look at the day ahead in European and global markets from Stella Qiu All eyes are on the Bank of England today, now that the Bank of Japan delivered its second interest rate hike in 17
August 01, 2024
The Bank of England is cutting interest rates for the first time since the onset of the COVID-19 pandemic in early 2020
August 01, 2024
British house prices were 2.1% higher than a year earlier in July, the biggest annual increase since December 2022, although they are still below peaks reached
August 01, 2024
British factories recorded their best month for two years during July, with output and hiring rising and optimism building after Prime Minister Keir Starmer's landslide
August 01, 2024
Bank of England cuts interest rate for first time in four years, but it was the closest call
August 01, 2024
The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from policymakers divided over whether inflation pressures had eased sufficiently
August 01, 2024
British businesses' expectations for wage growth in the next 12 months cooled slightly in July, according to a survey that could help ease the concerns of Bank of England
August 01, 2024
Big investors are growing more confident about a comeback for neglected UK assets, with the Bank of England's move to cut interest rates from a 16-
August 01, 2024
The Bank of England's first interest rate cut in more than four years will help to foster a cautious sense of optimism about Britain's long-struggling economy,
August 02, 2024
Bank of England Chief Economist Huw Pill said on Friday that the fight against high inflation was not won and there was no guarantee that interest rates would fall again soon.
August 02, 2024
British house prices rose at their fastest annual pace in two years in November, adding to signs of resilience in the property market despite high borrowing costs,
December 02, 2024
British house prices rose by the most six months in July, according to figures published on Wednesday by mortgage lender Halifax that suggested fresh momentum in the property market
August 07, 2024
Britain's housing market looks set for a sales bounce in the coming months after the Bank of England cut interest rates and the new government turned its focus to the sector, a
August 07, 2024Britain's jobs market showed further signs of cooling last month and employers increased pay more slowly, according to a survey which will form part of the Bank of England's
August 07, 2024Catherine Mann, an external member of the Bank of England's Monetary Policy Committee, said in a podcast released on Monday that goods and services prices were set to rise again and
August 12, 2024King Charles banknotes sell for 12 times their value as collectors scramble for early editions
August 13, 2024British pay grew at its slowest pace in nearly two years, likely reassuring the Bank of England that inflation pressures are easing, and there was a surprise drop
August 13, 2024British consumer price inflation increased for the first time this year in July, official figures showed on Wednesday, but the rise was smaller than expected as
August 14, 2024
A look at the day ahead in European and global markets from Kevin Buckland This week, and this month, are once again showing that data is king, with investors parsing recent economic releases for
August 15, 2024
Britain's economy recorded a second quarter of strong growth as it recovered from last year's shallow recession but it lost momentum as it entered
August 15, 2024Alan Taylor, an economics professor with a focus on international economics and financial crises, has been appointed to the Bank of England's Monetary Policy Committee, Britain's
August 16, 2024Pay awards granted by British employers fell during the three months to July, according to a survey on Wednesday that chimed with Bank of England forecasts for slowing wage growth.
August 20, 2024
The Bank of England will cut interest rates just once more this year, in November, a majority of economists said in a Reuters poll, as British inflation is
August 21, 2024
British business activity sped up this month and cost pressures were the weakest in over three years, according to a survey on Thursday that signalled growth momentum going
August 22, 2024
Sterling climbed to a more than two-year high on the dollar on Friday, on recent signs of strength in the UK economy and dovish comments from Federal Reserve Chair Jerome Powell that sent
August 23, 2024
British shop prices fell in annual terms this month for the first time since October 2021, pushed down by summer sales of clothes and household goods, a survey showed on Tuesday.
August 26, 2024
Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the euro, in moves analysts warn are underpinned by speculative interest rate
August 29, 2024
British companies expect to raise selling prices by the smallest amount in nearly three years but wage growth shows no sign of cooling, a survey showed on Thursday in mixed news for Bank of
September 05, 2024
The Bank of England allotted a record 40.29 billion pounds ($53.02 billion) in seven-day funds in its weekly short-term repo on Thursday, up from 36.584 billion pounds last week.
September 05, 2024
Britain's labour market cooled noticeably last month as job placements fell sharply and pay growth slowed, according to a survey of recruiters on Monday that could bolster the case for
September 08, 2024
The Bank of England will keep its main interest rate at 5.00% next week but reduce it in November even though inflation is expected to stay above the
September 11, 2024
Pay awards granted by British employers fell during the three months to July, according to a survey that chimed with an official gauge of cooling wage growth that
September 11, 2024
An interest rate cut from the Bank of England next week looks unlikely but investors will be watching its September meeting for clues about future moves, as well as a
September 12, 2024
Britain's housing market recovered momentum in September, as the Bank of England's first interest rate cut in more than three years and greater political certainty
September 15, 2024
British inflation held steady in August but sped up in the services sector which is closely watched by the Bank of England, data showed on Wednesday, adding to bets
September 18, 2024
The Bank of England may sit out this month's interest rate cutting bonanza, but Thursday's meeting will still be meaningful, as it will throw a spotlight on the BoE's
September 18, 2024
British stock indexes dropped on Wednesday as investors reined in bets on interest rate cuts by the Bank of England, while global risk sentiment
September 18, 2024
The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, putting the focus instead on a decision about
September 18, 2024
A look at the day ahead in European and global markets from Rae Wee With the Federal Reserve's highly anticipated rate cut done and dusted, the Bank of England (BoE) is next up in the rate decision
September 19, 2024
The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago
September 19, 2024
The Bank of England kept interest rates at 5.0% on Thursday, saying it would be careful about future cuts, and also held off from running down its
September 19, 2024
The Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British government bonds by another 100 billion pounds ($132.86 billion) over the coming
September 19, 2024
12 noon BANK OF ENGLAND MONETARY POLICY SUMMARY, SEPTEMBER 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and
September 19, 2024
British employers plan to scale back pay increases next year, according to a survey that is likely to encourage the Bank of England as it seeks further signs that inflation
September 19, 2024
Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is surging on the prospect.
September 20, 2024
The Bank of England should be able to lower interest rates gradually as it gains confidence that inflation will remain close to its 2% target, Governor Andrew Bailey said in an
September 24, 2024
British employers gave staff the joint-lowest pay rises since June 2022 in the three months to the end of August, offering a median raise of 4%, figures from human resources data
September 24, 2024
Pay settlements awarded by British employers held at their lowest in two years in the three months to August, according to a survey that could reassure the Bank of England as it
October 01, 2024
Worries about risks to the UK financial system posed by a global economic downturn have risen sharply to their highest level since the second half of 2019, a Bank of England (BOE)
October 02, 2024
The Bank of England could move more aggressively to cut interest rates if inflation pressures continue to weaken but conflict in the Middle
October 03, 2024
British services firms lost some momentum but continued to grow in September and the prices they charged rose at the slowest pace in almost four years, according to a survey likely
October 03, 2024
The Bank of England should move only gradually with cutting interest rates, Chief Economist Huw Pill said on Friday, a day after Governor
October 04, 2024
Britain's housing market recovered further last month, according to property surveyors who said house prices, sales and enquiries rose, but pressure in the rental sector intensified
October 09, 2024
Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy meeting
October 16, 2024
Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to cutting borrowing costs.
October 21, 2024
Growth in pay awards by British employers stagnated during the three months to September and firms expect average wage rises to cool over the coming 12 months, according to a survey
October 22, 2024
Bank of England interest rate-setter Catherine Mann welcomed a recent fall in inflation in Britain but said the cooling of price growth still had "a long way to go" for the
October 24, 2024
The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, as commercial banks risk failing
October 26, 2024
The Bank of England will cut its Bank Rate by a quarter-point on Nov. 7 to 4.75%, according to all 72 economists polled by Reuters, but a near-two-thirds
October 28, 2024
Britain's pivotal tax, borrow and invest budget has elevated the Bank of England's interest rate horizon but sterling has hesitated and reversed - suggesting some
November 01, 2024
British house prices rose by a marginal 0.1% in October, slowing sharply from a 0.6% monthly increase in September but the market remained resilient and was likely to gain momentum
November 01, 2024
British lenders approved the most mortgages for house purchase since August 2022 last month but consumer credit growth slowed slightly to its weakest in nearly two years, Bank of
November 29, 2024
The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation,
November 29, 2024
Non-bank financial institutions such as hedge funds remain vulnerable to a sudden financial shock and would not all be able to access the funding they would need in such a
November 29, 2024
The Bank of England is likely to cut interest rates on Thursday for only the second time since 2020 but the big question for investors is whether the BoE sends a
November 07, 2024
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%
November 07, 2024
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after
November 07, 2024
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be
November 07, 2024
Sterling rallied sharply on Thursday, solidifying its position as the best performing major currency of 2024, while UK-focussed stocks rose after
November 07, 2024
Buying a new home in Britain became a little more affordable this year as average wages rose faster than house prices and mortgage costs, the country's largest
November 28, 2024
British wage growth excluding bonuses fell in the third quarter to its lowest in over two years, official data showed on Tuesday, potentially
November 12, 2024
Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed inflation pressures in Britain remained too high for the BoE's 2% inflation target
November 12, 2024
Britain should stand up for free trade and rebuild ties with the European Union as the global economy fragments, Bank of England Governor Andrew Bailey said in a speech on
November 14, 2024
Just when Britain seemed to be moving beyond its inflation problem, the new government's spending splurge and the risk of a global trade war triggered by U.S.
November 15, 2024
The Bank of England's most recently appointed interest rate-setter Alan Taylor said the central bank's gradual approach to cutting borrowing costs was in line with recent market
November 19, 2024
The Bank of England said on Tuesday it was launching a consultation on proposed, post-Brexit rules for clearing houses, payment system operators and other financial market
November 19, 2024
The Bank of England will keep Bank Rate on hold in December as global inflation worries resurface, according to a Reuters poll of economists who were split
November 19, 2024
Britain's official labour market statistics may be failing to count almost 1 million people who are in work, complicating the Bank of England's task of deciding
November 20, 2024
British inflation is at least as likely to undershoot the Bank of England's latest forecasts as it is to match them, potentially requiring faster rate cuts, Deputy
November 20, 2024
High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest
November 13, 2024
Bank of England Deputy Governor Clare Lombardelli said on Monday she was more worried about the risk that inflation comes in higher - not lower -
November 25, 2024
Inflation in the U.K. has risen sharply to a six-month high in October, cementing market expectations that there will be no further cuts in borrowing rates this year
November 20, 2024
Bank of England's Clare Lombardelli said U.S.
November 26, 2024
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