The pound regained some of its losses after the Bank of England cut interest rates and reduced its growth forecast, causing initial market volatility. Governor Andrew Bailey's reassurances partially ...
The pound regained some ground on Friday after dropping on Thursday when the Bank of England cut interest rates and halved ...
Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not lead to second-round ...
Though he said that inflation was also likely to rise through most of this year, policymakers still expected the inflation ...
Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...
The rationale for the bank’s doves may be to frontload cuts — the UK still has some of the highest rates globally — before the rise in inflation makes it prohibitive. This was the market’s ...
EUR/GBP continues its upward trajectory for the fourth consecutive day, trading around 0.8350 during Friday’s Asian session.
FxWirePro- EURGBP Trade Idea The pair gained slightly after the hawkish rate cut by the BOE. Intraday bias remains bullish as ...
FREE TO READ] Trouble at the Office for National Statistics means policymakers cannot rely on key economic numbers, including on employment ...
Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...
Bank of England Chief Economist Huw Pill said on Friday that an expected rise in inflation this year would probably not lead ...
NEW YORK >> The dollar rose in choppy trading today after data showed that U.S. job growth slowed in January but that the ...