Bank of England News and Analysis

20 June 2022 Bank of England's New Headache: A Summer of Strikes

Fears of a 1970's-style general strike are rising and if the government and employers eventually yield then the public sector could see a major wage impulse over coming months.

17 June 2022 Bank of England Outlook: Interpreting the New Interest Rate Guidance

The Bank of England (BoE) raised its interest rate again this week and gave new guidance that appears to leave everything rested on economic data emerging from the UK in the months ahead, energy pr…

17 June 2022 Barclays Raise Bank Rate Forecasts, see Increased Chances of 50bp Rate Hike by "Activist" Bank of England

UK-based lender Barclays have raised their forecast profile for the Bank of England's key interest rate while warning a 50bp hike in August is now likely.

16 June 2022 Pound Sterling Jumps as Markets Sense a More 'Hawkish' Bank of England

GBP is proving to be a slippery customer in the wake of the Bank of England's decision to raise interest rates again, initially falling on the 25 basis point hike announcement and then rising sharp…

06 June 2022 Pound to Euro Week Ahead Forecast: Against the Ropes and at Mercy of ECB

The Pound to Euro rate enters the new week with its back against the ropes and the outlook for it hinged upon how the European Central Bank’s (ECB) handles its besiegement at the hands of hawkish f…

02 June 2022 Bank of England Bank Rate "Could Well Have to Rise Further," Says MPC's Cunliffe

The Bank of England (BoE) could well need to lift interest rates further in the months ahead, a member of the Monetary Policy Committee has said, in order to ensure that a near double-digit inflati…

01 June 2022 Bank of England Interest Rate Stance and Outlook: An Explainer

The Bank of England interest rate outlook is poorly understood within and around the markets, which is one reason why Pound Sterling has been the subject of increasingly bearish analyst commentary …

26 May 2022 Bank of England Accused of Self-inflicted Confusion

"We think that recent events have demonstrated that the BoE’s overly complex framework – designed during an era of low and stable inflation – is not fit".

12 May 2022 Bank of England's Ramsden Errs on the Side of the Hawks

The Deputy Governor of the Bank of England said further interest rate rises are needed as there is a risk the UK jobs market proves more resilient than the Bank's current expectations.

11 May 2022 Savouri: The Bank of England Got it Wrong

"To put it politely, the closer we look into the report, the greater our disappointment with the MPC."

10 May 2022 Bank of England's Gloomy Economic Forecasts Not Plausible: Berenberg

"The relevant question is whether or not the BoE’s headline-grabbing projections are plausible... in our view, the answer is that they probably are not." - Berenberg.

09 May 2022 Saunders Makes the Case for Bold Interest Rate Hikes

Michael Saunders has once again reiterated the case for a bold approach to raising interest rates in an effort to stave off surging inflation.

06 May 2022 "The Market Continues to Price in too Many Hikes": Macro Hive's Bank of England Take

"I expect the market continues to price in too many hikes" - Henry Occleston, Macro Hive.

06 May 2022 Pound Sterling Weakness Could be the Bank of England's Next Headache

"Further increases in long-term inflation expectations or a further sharp GBP depreciation could lead to a faster hiking pace in coming months" - Goldman Sachs.

05 May 2022 GBP-EUR Tests Major Support in Wake of Bank of England

The Pound to Euro rate slumped and was left testing a notable level of technical support on charts after the Bank of England (BoE) appeared to stoke doubt in the market about widely held assumption…

05 May 2022 Pound Sterling Hammered on 'Dovish' Bank of England Rate Hike

The British Pound has come under notable pressure after the Bank of England raised interest rates but warned the economy was due to slow sharply over coming months.

04 May 2022 Bank of England Won't Fight for the Pound: Pantheon Macroeconomics

A falling Pound Sterling boosts UK inflation and is therefore a potential concern for the Bank of England as it goes about its business of setting interest rates and trying to stabilise inflation.

28 April 2022 Bank of England to Hike to 3.0% says Capital Economics

The Bank of England will meet the market's expectation and hike interest rates to 3.0% by 2023, say Capital Economics.

22 April 2022 Pound to Dollar Rate Outlook Sours and Brings 1.2837 into View

The Pound to Dollar rate tumbled from the outset in the final session of the week with a dive below 1.30 bringing a major level of support near 1.2837 on the charts into view after UK economic data…

21 April 2022 Bank of England's Mann Won't Rule Out a Chunky 50bp Bank Rate Rise in May

The prospect of a 50 basis point hike at the Bank of England in May has been reignited by Catherine Mann, a member of the Bank's Monetary Policy Committee.