Bank of England

The Bank of England will be holding its monetary policy meeting later today. Investors at large expect the central bank to keep rates steady at 0.75%. The BoE’s meeting is gaining prominence after months of Brexit uncertainty. The central… Read More

The economic docket for the week ahead will see a somewhat slower schedule with most of the major markets closed on Friday due to Good Friday. Still, there is plenty of economic reports that will be coming out over the week. Inflation… Read More

It has been a busy week for the pound sterling as investors had a lot of information to digest. This included economic reports and new developments on the Brexit front. Data showed that the UK’s economy was nudging along albeit at a… Read More

Britain's economic growth slowed sharply in the fourth quarter of 2018. The yearly growth was the slowest in six years, as Brexit worries and global trade tensions dampened activity. Data showed that the nation’s GDP increased just by… Read More

Employment Rises Despite the ongoing chaos and uncertainty around Brexit, UK labour market conditions remained firm. The latest data, covering the three months to December 2018, showed that the number of people in employment surged by… Read More

The first BOE meeting of the year was a decidedly dovish affair with the BOE keeping rates on hold, as expected. It did, however, sharply revise growth lower amidst ongoing Brexit uncertainty. In one of the largest revisions to… Read More

The Bank of England held its monetary policy meeting on Thursday last week. As widely expected, the central bank left its interest rates unchanged at 0.75%. The decision to leave interest rates steady was a unanimous decision. The… Read More

As expected, the Bank of England announced its unanimous decision today to keep rates unchanged at 0.75%. After raising rates last time around, the bank signaled that it was unlikely to raise rates again until after Brexit, given the… Read More

GBP bulls received a further boost this week from solid inflation data released yesterday, fuelling a fresh spate of buying in the British Pound. The latest CPI inflation readings for August showed both headline and core inflation beating… Read More

The Bank of England held its monetary policy meeting last week on Thursday. As widely expected, the central bank left interest rates unchanged. Officials highlighted the greater risks on the financial markets due to Brexit. The decision… Read More