Bank of England News and Analysis

29 March 2022 Pound Sterling Nursing Wounds after BoE Reminds of Uncertain Outlook

  Pound Sterling was left trading with a limp against the Euro, Dollar and other currencies early on this week after Bank of England (BoE) Governor Andrew Bailey reminded financial markets of w…

18 March 2022 Bank of England: This is Still a Hawkish Central Bank says BofA

The selloff in Pound Sterling and rates markets following Thursday's Bank of England policy meeting testifies to the scaling back of investor expectations for the number of additional interest rate…

17 March 2022 Pound Sterling Dumped in Wake of Bank of England Rate Hike

The British Pound fell sharply in reaction to the Bank of England decision to raise interest rates at a third consecutive meeting.

15 March 2022 Bank of England Could Surprise and Hold Rates this Week says Economist

The Bank of England could keep interest rates unchanged on Thursday, citing the war in Ukraine, in what would amount to a signifiant downside surprise for the British Pound.

23 February 2022 Pitfalls in Market Pricing of Bank of England Hikes Could Hamper Pound Sterling Up Ahead

Appetite for GBP dampened after BoE testimonies as BoE Gov warns market “not to get carried away”.

22 February 2022 Ramsden Sinks Bets for a 50bp Interest Rate Hike at Bank of England in March

"Ramsden eased back slightly on his recent hawkish stance," says a note from TD Securities' global strategy team. "He favours a 25bps hike in March rather than 50bps."

22 February 2022 Bank of England's Bank Rate will Peak at 1.25% to Take the Sting Out of Mortgage Repayments says NatWest

A squeeze on home owners from rising interest rates will become apparent by the second half of 2023 says NatWest Markets, and this will prompt the Bank of England to rein in rate hikes.

09 February 2022 Bank of England's Pill: Bank Rate Headed to 1.0%

The Bank of England looks all but set on a path to raise Bank Rate to just above 1.0% in 2022, according to its Chief Economist.

09 February 2022 Bank of England's Base Interest Rate Tipped for 1.50% by Jan. 2023

The Bank of England's basic lending rate could sit close to 1.50% by the time 2023 gets underway.

08 February 2022 "Fast and Furious" Bank of England to Hike Bank Rate to 2.0% says Credit Suisse

A strong labour market and rising wages will mean the Bank of England will have to keep pushing interest rates higher says Credit Suisse, even as UK inflation rates begin to fall later in 2022.

03 February 2022 Pound Sterling Volatile as Bank of England Offers a 'Hawkish' Hike but 'Dovish' Guidance

The 'hawkish' hike saw Pound Sterling rise across the board before Governor Andrew Bailey cooled the excitement.

21 January 2022 BoE's Mann: Hike Now to Keep Terminal Rate Low

The newest member of the Bank of England's Monetary Policy Committee has urged her colleagues to take decisive action in the near-term to lean against inflation.

19 January 2022 BoE's Bailey: More Rate Hikes are Incoming

Bank of England Governor Andrew Bailey told UK lawmakers he and colleagues remain concerned with the trajectory of UK inflation, and that they stand ready to act.

18 January 2022 Bank of England Interest Rate Predictions: 1.25% by End of 2022 says Capital Economics

Bank Rate could reach 1.25% by the end of 2022 says a leading independent economics research house.

16 December 2021 "Pound Surging Higher" against Euro, Dollar on Bank of England Rate Hike

"The market had largely priced out a hike. This a surprise" - Mizuho.

07 December 2021 Barclays: BoE to Push Bank Rate to 0.75% by May 2022, Despite Omicron

The Bank of England will delay delivering a first interest rate rise from December to February in response to Omicron, but will still be quick to push them higher in the first half of 2022 says Bar…

23 November 2021 BoE’s Haskel: Rising Interest Rates Would Reflect Economic Success

A fervently anticipated Bank of England decision to begin lifting interest rates would be symbolic of success at steering the economy through the recent crisis, one of the BoE’s nine rate setters s…

15 November 2021 Bank of England says December Rate Hike "In Play"

Governor of the Bank of England Andrew Bailey said it remains vital that the Bank emphasises the significance of inflation in its policy decisions and all meetings are in-play for a rate hike.

05 November 2021 Markets see +100% Probability of February Bank of England Rate Hike

Despite coming in for some criticism, Bank of England Governor Andrew Bailey might be pleased with his recent work: he has pushed back expectations for a rate hike to February.

05 November 2021 "Significant Self Induced Volatility in Both Interest Rates and Sterling": Netwealth's Lyons

The UK is now witnessing significant volatility in both interest rates and Pound exchange rates amidst uncertainty on how the Bank of England intends to exit its crisis-era settings, according to a…