Tag: Bank of England monetary policy
Rising Inflation and Energy Costs: Impact on Bank of England’s Target – London Business...
In the recent news, the Office for National Statistics (ONS) is set to release the Consumer Prices Index (CPI) which will shed light on the rising inflation and energy costs in the UK. This...
British Pound Hits Multi-Year Highs After Bank of England and Fed Decisions – London...
The British pound has recently hit new multi-year highs, briefly surpassing the 1.33 USD mark before experiencing a slight pullback following the Bank of England's decision to keep interest rates unchanged. This bullish movement...
Sterling Risks: Bank of England Rate Cut Concerns – London Business Updates
The British pound saw some stability on Friday, following a rebound on Thursday, but concerns about a potential Bank of England rate cut remained. The pound remained close to recent lows as investors monitored...