Bank of England News and Analysis

09 December 2022 Bank of England: Inflation Expectations Stubbornly Elevated

Inflation expectations are back at nine-year highs according to a Bank of England survey, maintaining pressure on the central bank to pursue higher interest rates.

09 December 2022 Why the Bank of England will Go 50bp

The Bank of England will go with a 50 basis point hike as policymakers look to ease off the accelerator.

29 November 2022 Bank of England's Mann: Inflation Risks Anchoring at 4.0%

A member of the Bank of England's Monetary Policy Committee (MPC) warned the Bank risked losing its battle in bringing inflation down to its 2.0% target.

25 November 2022 Pound's Rally Linked to Bank of England's Ramsden, Mann

The British Pound has risen over the course of the week, with analysts saying a portion of the advance can be attributed to a firming up of Bank of England interest rate hike expectations.

04 November 2022 British Pound and Bank of England Outlook: Analyst and Economist Views

The Pound was languishing at the bottom of the major currency barrel ahead of the weekend after the Bank of England (BoE) suggested markets were mistaken to expect Bank Rate to rise much from Novem…

04 November 2022 Bank of England Interest Rate Forecasts: More Work To Do

Markets and analysts alike are of the view the Bank of England has more work to do, despite the protestations of Governor Andrew Bailey that, "we think bank rate will have to go up less than what’s…

03 November 2022 Bank of England Sinks Pound Sterling after 75bp Rate Hike is Overshadowed by its Severe Economic Warnings

Another Bank of England decision and another pummelling for the Pound.

20 October 2022 British Pound Volatile after BoE Talks and Banana Republic Politics Bite

Pound Sterling's early gains melted away to leave behind widespread losses in what could remain volatile trade on Thursday following 'dovish' commentary from one Bank of England (BoE) official and …

17 October 2022 Hunt Eases Pressure on Bank of England to 'Go Hard' on Interest Rates

The Bank of England will not have to raise interest rates as high as previously feared following the recent interventions by the UK's new finance minister.

13 October 2022 UK Economy Denting Derivative Market Credibility on BoE Bank Rate Outlook

The UK economy shrank notably during August in an outcome that leaves GDP on course for a quarterly fall that would come sooner than many forecasters had anticipated and which could challenge the c…

13 October 2022 Early End to BoE's Bond Market Intervention Could Cause Even Bigger Problems - Oxford Economics

The Bank of England's (BoE) plan to curtail its emergency intervention in the government bond market at the end of this week could deepen a pending recession and impair the credibility of UK instit…

12 October 2022 Pound Undaunted by Bailey's 'Cliff Edge' Comments

GBP was on Wednesday close to reclaiming overnight losses that followed comments from Bank of England governor Andrew Bailey that support for UK pension firms and long-term gilt markets would be wi…

10 October 2022 Pound Sterling: Bank of England Commits to Do "Whatever it Takes" to Provide Stability

GBP continues to struggle in a dour global market environment but a disorderly retest of recent all-time lows is unlikely as the Bank of England sends a message to investors that it is vigilant to …

28 September 2022 Pound Sterling: Bank of England Intervenes in Bond Markets, Volatility seen vs Euro and Dollar

The British Pound saw heightened volatility on an announcement by the Bank of England it would intervene in the bond markets.

27 September 2022 Pill Promises "Significant Policy Response" from Bank of England

In an attempt to calm UK gilt markets, and a bruised Pound Sterling, Pill said the central bank was prepared to deliver a "significant policy response".

26 September 2022 Pound Sterling Back Under Pressure against Euro, Dollar as Bank of England Declines Help

The British Pound reversed an earlier recovery against the Euro, Dollar and all other major currencies after the Bank of England said it was not prepared to intervene in the currency market.

26 September 2022 Pound Sterling: Bank of England Must Step Up with Big Hike says Capital Economics

The Bank of England must take the initiative and hike UK interest rates significantly if the decline in the British Pound is to be arrested, says a leading economic research consultancy.

23 September 2022 Bank of England Outlook Post-Budget: Latest Economist and Analyst Views

The Bank of England raised Bank Rate by half a percentage point for a second time in September but warned that it could "respond forcefully" to anything that threatens to lift inflation further and…

22 September 2022 Bank of England Interest Rate Policy and 'Market Expectations' for Bank Rate

The Bank of England (BoE) lifted Bank Rate by half a percentage point for a second consecutive occasion in September in what may have been a surprise decision to anybody whose own expectations were…

22 September 2022 Pound Sterling Dips after Bank of England Hikes Rates by 'Just' 50bp

The Bank of England raised interest rates by 50 basis points on Thursday, which was a smaller increment than the 75bp the market was expecting.