Effective Exchange Rate History:
Trade-weighted value of a currency against main trading partners
Spot Exchange Rate History:
Effective Exchange Rate History:
Trade-weighted value of a currency against main trading partners
Spot Exchange Rate History:
Prime Minister Keir Starmer is taking credit for a series of Bank of England rate cuts, which risks compromising monetary policy independence.
August 8,2025
The British Pound rises against the Euro and Dollar as an initial response to the August policy decision.
August 7,2025
April 22,2025
The British Pound rose after the Bank of England held interest rates and warned further cuts were conditional.
March 21,2025
Bank of England Governor Andrew Bailey downplayed new wage data in an apparent attempt to keep alive expectations for another interest rate cut.
February 18,2025
The Bank of England will only get away with one more interest rate cut in 2025, warns an independent research organisation.
February 12,2025
Catherine Mann says she voted to cut Bank Rate by 50 basis points due to surprisingly weak economic activity.
February 11,2025
The Bank of England (BoE) has raised its inflation forecasts for the year ahead, warning that consumer prices will climb more sharply than previously expected due to rising global energy costs and regulated price increases.
February 6,2025
The British Pound fell against the Euro, Dollar and other currencies after the Bank of England cut interest rates and expressed concern about the UK's economic growth trajectory.
February 6,2025
The Bank of England could be forced into abandoning the interest rate cutting cycle as soon as the second half of 2025 as inflation risks grow.
February 4,2025
Goldman Sachs has forecasted that the Bank of England will accelerate its pace of interest rate cuts, citing mounting evidence of economic weakness and softening inflation pressures.
January 22,2025
The Bank of England will comfortably pass a 25 basis point cut next month and could get in a couple more before year-end.
January 15,2025
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