Bank of England

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

Daily Forex Market Preview, 14/09/2018 The Bank of England and the ECB’s monetary policy meetings were held yesterday. Both the central banks left interest rates unchanged as widely expected. The BoE was seen preparing the markets for a… Read More

BoE To Wait & See The upcoming BoE meeting this week has lost some importance following the bank’s last meeting in August at which the BoE raised rates by a further .25% (rates are now back above 0.5% for the first time in a decade)… Read More