Bank of England News and Analysis

16 September 2022 August's Inflation Expectations Survey Could Worry Bank of England

Some measures of UK inflation have continued to head in the wrong direction for the Bank of England (BoE) and in this context the details of its latest Inflation Attitudes Survey could be of signif…

15 September 2022 Bank of England Should Hike 100bp to Save the Pound says Credit Suisse

For GBP to remain supported the Bank might have to raise its basic interest rate to as high as 5% during this cycle according to new research.

14 September 2022 Bank of England's MPC Could Vote for Charge of the Light Brigade in September

The main UK inflation rate ebbed in August but core inflation reached a new high as price pressures broadened out across the economy, adding to the risk of the Bank of England (BoE) Monetary Policy…

18 August 2022 Bank of England Faces Huge Challenge as Markets Demand it Must Now Hike More than Any Other Central Bank

The Bank of England must hike more than any other G10 central bank over the remainder of 2022 if it is to satisfy market expectations.

18 August 2022 "The FX market is Getting Tired of Waiting for the BoE to Actually Deliver" - HSBC

"The FX market is getting tired of waiting for the BoE to actually deliver something more hawkish." - HSBC's Dominic Bunning.

12 August 2022 Bank of England Celebrated with Applause at Citigroup FX Business

The Bank of England (BoE) won applause from within the Citigroup foreign exchange business on Friday for its upfront acknowledgement of the UK economic car crash in progress and simultaneous steely…

08 August 2022 Bank of England's Forecasts "Economic Nonsense" says Toscafund's Savouri

The Bank of England's forecasts of a long and enduring UK recession has been branded unrealistic by Savvas Savouri, Chief Economist and Partner at hedge fund Toscafund Asset Management.

05 August 2022 British Pound and the Bank of England Outlook: Analyst and Economist Views

Sterling exchange rates fell ahead of the weekend and in the wake of August’s Bank of England (BoE) interest rate decision, which cast a pall over the outlook for the economy and prompted much comm…

04 August 2022 Pound to Dollar Rate Slumps after BoE Goes Big on Bank Rate

The Pound to Dollar exchange rate slumped alongside other Sterling pairs on Thursday after the Bank of England (BoE) heaped further pressure onto already embattled companies and households with its…

04 August 2022 Pound Sold as Bank Delivers Devastating Forecasts

BoE hikes 50bp, GBP in "sell the fact" response.

20 July 2022 'Hawkish' Bailey Signals Double-header of 50bp Rate Hikes Incoming, But Cuts in 2023 says Berenberg

Bank of England Governor Andrew Bailey has turned 'hawkish' and will deliver two successive 50 basis point hikes, according to new analysis.

14 July 2022 Bank of England Outlook: Risk of a Bank Rate Step Change is Rising

The latest remarks and commentary suggest the Monetary Policy Committee at the Bank of England (BoE) is only one inflation number or employment report away from a step change in the pace at which B…

06 July 2022 "Blunt" Pill says More Hikes Needed

The Bank of England's Chief Economist says he stands ready to vote for a faster rate of interest rate hikes, should he see further signs inflation is becoming embedded in the UK.

06 July 2022 Zahawi's Arrival Could Push the Bank of England into Successive 50bp Rate Hikes

The arrival of Nadhim Zahawi at the Treasury could herald greater pay hikes for public sector workers, increasingly embedded inflation expectations and more forceful interest rate hikes from the Ba…

01 July 2022 ECB, BoE and Fed Policy in Focus: Notes and Quotes from Sintra Forum

The latest Forum on Central Banking in Sintra, Portugal, offered insight this week into the thinking of the European Central Bank (ECB), Bank of England (BoE) and Federal Reserve (Fed) while also p…

30 June 2022 Pound Sterling Underperformance May Reflect Softer UK Economy: BoE's Bailey

Pound Sterling underperformed many major counterparts during the first half of the year overall and these losses may be a symptom of underperformance by the UK economy, according to Bank of England…

24 June 2022 Bank of England's Interest Rate Should be Closer to 10% says Swiss Re

The Bank of England's basic interest rate should be set as high as 10% given the scale of UK inflation, according to a major insurer.

21 June 2022 Two 50bp Bank of England Hikes Coming Before end-2022 say Major Investment Banks

Goldman Sachs, Deutsche Bank raise Bank Rate forecasts, but NatWest Markets say they are misreading the Bank of England's guidance.

21 June 2022 BoE's Pill Talks Exchange Rates

Bank of England Chief Economist Huw Pill becomes the second member of the Monetary Policy Committee to mention the value of Pound Sterling when fighting inflation.

20 June 2022 BoE's Mann: More Unwelcome Pound Sterling Depreciation Likely Unless Bank Acts More Forcefully

The Bank of England's Catherine Mann says the British Pound is at risk of falling further and pushing UK inflation even higher unless a more activist approach to interest rate management is adopted…