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An interest rate rise in the next 12 months has important implications for the British Pound which ultimately tracks the yield offered on debt in the UK.
The Bank of England’s review into the composition of its new generation of polymer bank notes has confirmed a shift away from the use of polymer which contains animal fats.
“It does, however, suit the BoE's purposes to talk the Pound higher. The removal of some imported inflationary pressure would lessen the risk of a follow-though to faster wage growth." - Simon Penn at UBS.
The Bank of England gave the British Pound a boost on Thursday, March 16 when the results of the Monetary Policy Committee’s March meeting were revealed.
The Bank of England’s March policy meeting forms the key event for the Pound Sterling complex on Thursday, March 16.
The Treasury Committee hears from Governor and Chief Economist of the Bank of England, and External Members of the Monetary Policy Committee on its Inflation Report for February.
Joachim Fels, Pimco’s global economic adviser, has suggested the Bank of England is keeping the Pound artificially weak.
The Bank of England’s Monetary Policy Committee will soon start splitting in their opinion on how appropriate current interest rate settings are for the UK economy.
Foreign exchange markets appear to have got it very wrong by bidding Pound Sterling higher ahead of the release of the Bank of England's February Inflation Report.
TD Securities have dropped their call for a rate cut in Q4 2017 saying that improved economic data and a less dovish monetary policy outlook in the UK now mean the odds of a hike or cut are evenly balanced.
The Bank of England meets to decide on interest rates and guide markets on policy on Thursday December 14 - this will be the last major set-piece for Pound Sterling in 2017.
The Bank of England may raise the value if deposits protected under the Financial Services Compensation Scheme to 85K.
Thursday is the focus of the week for Pound Sterling with the Bank of England delivering its latest policy decision as well as forecasts for inflation and economic growth.
Much-ado-about-nothing on Friday with some commentators excitedly hinting that the Bank of England won’t let the Pound continue falling.
A key member of the Bank of England has told an audience that she believes further monetary easing is necessary.
No decision is expected from the Bank of England on Thursday the 15th September, but that does not mean this does not mean markets won’t be hanging on every word uttered by the Bank.
Mid-week sees Pound Sterling tested by the appearance before the Treasury Select Committee of members of the Bank of England’s Monetary Policy Committee.
The Bank of England (BOE) prepares another reverse auction to buy more of the billions of pounds worth of bonds needed to meet the target on its QE programme.
The Bank of England will look to buy bonds with a maturity of 3-7 years today. The success of the programme could well determine how the GBP trades.
Nerves regarding the effectiveness of the Bank of England’s reverse bond-buying auction has been set aside as it found the requisite buyers.