Bank of England News and Analysis

15 July 2021 Saunders Emerges as a Hawk

The Bank of England could be in the process of signalling to markets that an interest rate rise is likely in coming months, with two members of the Monetary Policy Committee (MPC) now saying such a…

01 July 2021 Bailey Bats Away Inflation Fears, Pound Weakens in Response

"It is important not to over-react to temporarily strong growth and inflation, to ensure that the recovery is not undermined by a premature tightening in monetary conditions." - Governor Bailey.

01 July 2021 Pound Sterling Today: Eyes on Bailey as GBP Struggles against Euro and Dollar

The British Pound could take some near-term guidance from an appearance of the Governor of the Bank of England who is to deliver a speech at London's Mansion House.

30 June 2021 Haldane: Bank of England Approaching a "Dangerous Moment", sees 4.0% Inflation in 2021

Chief Economist of the Bank of England Andy Haldane has warned the UK economy is starting to overheat and unless quantitative easing is withdrawn soon uncomfortably high levels of inflation will be…

25 June 2021 Pound Sterling's Post-BoE Drop "Not Existential" says Analyst, Looks for Stabilisation against Euro and Dollar

The British Pound was sold in the wake of the June Bank of England policy event, but a number of noted foreign exchange analysts we follow say the currency will unlikely suffered a significant and …

24 June 2021 Bank of England Interest Rate Outlook: Economists’ Views after June’s Decision

The UK economy has performed better than was expected in recent months and its recovery was continuing at pace at the time of June’s monetary policy decision from the Bank of England (BoE), althoug…

24 June 2021 Bank of England in No Rush to Normalise, Pound Falls Following June Statement

The reaction in Pound Sterling looks to be somewhat overdone and there is the potential for the currency to regain the knee-jerk losses over the near-term.

24 June 2021 Pound Sterling Today: Bank of England to Determine Whether the Rebound against the Euro and Dollar can Extend

The British Pound will today take direction from the Bank of England which will issue fresh guidance on policy and the outlook for interest rates and the economy.

27 May 2021 Pound Sterling Bought against Euro and Dollar in Wake of Vlieghe Comments

A member of the Bank of England's Monetary Policy Committee has given some upbeat comments on the outlook for the UK economy, prompting fresh buying interest in the British Pound.

26 May 2021 "UK Bond Yields are too Low, Further Rises Likely Soon" says Berenberg

The rise in UK sovereign bond yields "has only just started", according to new research released by Berenberg Bank.

07 May 2021 Pound Sterling post-Bank of England Losses Temporary say Analysts

Foreign exchange analysts have been reacting to the decline in the British Pound in the wake of the Bank of England's Thursday policy event with some saying any weakness in the currency could be se…

06 May 2021 Bank of England Cuts Quantitative Easing and Raises Forecasts

The Bank of England has reduced the scale of its quantitative easing programme while issuing a sizeable upgrade to their 2021 economic growth forecasts, a decision that has prompted some volatility…

06 May 2021 Quick Views on Sterling and the BoE

"We expect the overall messaging from the meeting will have a distinctly hawkish tilt," says Elsa Lignos, Global Head of FX Strategy at RBC Capital Markets. 

06 May 2021 Bank of England Decision Ahead

The British Pound will today take direction from the Bank of England who will announce - or delay - a decision on whether to boost or reduce quantitative easing.

05 May 2021 Pound Sterling Forecast Scenarios on Bank of England Decision: TD Securities

There is a chance the Bank of England will announce a boost to its quantitative easing programme at its Thursday 06 policy event, according to economists at TD Securities.

30 April 2021 Pound Sterling May Outlook: Bank of England 'Taper' Decision to Set the Tone against Euro & Dollar

The British Pound has more or less flatlined against the Euro will continuing to churn familiar territory against the U.S. Dollar, but early May could bring with it a welcome dose of volatility.

28 April 2021 HSBC says Bank of England to 'Taper' in May

HSBC have become the latest UK lender to predict the Bank of England will begin the process of tightening UK monetary conditions at its May policy meeting, a move that could continue to underpin va…

27 April 2021 Bank of England to Taper in May says NatWest Markets

The Bank of England is likely to follow the Bank of Canada and taper its quantitative easing programme next month, according to analysis from NatWest Markets.

14 April 2021 Pound Sterling Falls to New 7-Week Low against Euro, Haldane & EU Vaccine Rollout Cited

The British Pound has lost further ground to register a new seven-week low against the Euro over the past 24 hours, as it continues to give back the gains made during the first three months of the …

19 March 2021 Bank of England to Remain a Source of Support for Pound Sterling

Although the Pound failed to rally in the wake of the March Bank of England decision, the narrative surrounding the central bank and the economy over coming months will likely be supportive of the …