With inflation still high, will the BoE hold or fold?
This week marks a big week, with two major Central Bank meetings scheduled; the Federal Reserve meets on Wednesday, followed by the Bank of England’s (BoE) sixth MPC meeting of 2025 on Thursday.
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This week marks a big week, with two major Central Bank meetings scheduled; the Federal Reserve meets on Wednesday, followed by the Bank of England’s (BoE) sixth MPC meeting of 2025 on Thursday.
Sterling continues to hold above 1.3500 against the dollar, supported by USD weakness. Last week, Prime Minister Sir Keir Starmer has reshuffled his cabinet following the resignation of Angela Rayner, who...
Sterling continues to trade in a cloud of uncertainty as the UK’s economic picture remains mixed. Inflation accelerated again in July, rising to 3.8%, slightly above expectations of 3.7%, and marking the highest level since January 2024.
It’s a quiet week for UK data, but that doesn’t mean sterling will be spared from volatility. With no major economic releases scheduled, markets are...
Sterling edged higher last week following the Bank of England’s (BoE) decision to cut interest rates to 4.00% - the lowest level in over two years. The move was finely balanced, with five Monetary Policy Committee...
Sterling edged higher last week following the Bank of England’s (BoE) decision to cut interest rates to 4.00% - the lowest level in over two years. The move was finely balanced, with five Monetary Policy Committee...
Sterling enters the week under pressure, not just from external forces but from a growing internal dilemma. The Bank of England faces a difficult decision when it meets this Thursday. Inflation is currently running at a...
The pound has started the week on a firmer footing, buoyed by improving market confidence following the US-EU trade deal. Investors seem to be showing more appetite for risk, which has supported GBP against both the dollar and the euro.
The Bank of England is facing renewed scrutiny over its quantitative tightening strategy, as recent volatility in the gilt market has exposed fragilities in demand for long-dated UK government debt.