Bank of England News and Analysis

18 March 2021 Economists' Views on the BoE's March Policy Decision and Outlook

City of London financial markets and Sterling exchange rates were little changed heading into the close on Thursday, indicating investors had priced-in the March monetary policy decision of the Ban…

18 March 2021 Bank of England Disappoints those Wanting a Stronger Pound by Steering a Steady Course in March Policy Decision

The Bank of England appears to have disappointed those wanting a stronger British Pound by signalling it would not raise interest rates until inflation in the UK has risen significantly.

14 March 2021 Pound-Euro Week Ahead Forecast: New Highs Loom as BoE's Diverging Stance Vindicates Rally

The Pound-to-Euro exchange rate ended the week on its back foot amid further turbulence in the American bond market but kept a toehold on the doorstep of 1.17 and may overcome that on route to new …

11 March 2021 There's a Consumer Spending Boom Ahead and it Could be Bigger than the Bank of England Expects

The UK economy will be boosted by a sizeable pick up in consumer spending in 2021 as pent up savings are spent according to economists at Deutsche Bank, who say that the Bank of England might be un…

26 February 2021 Haldane Offers Pound Sterling & UK Yields Support, says Central Banks too Complacent on Inflation

The Bank of England's Chief Economist has said UK inflation is likely to rise notably over coming months, a comment that triggered a rally in the yield on UK government yields and recovery in the v…

25 February 2021 The Untold Story of Pound Sterling's Steamrolling Rally

The Pound has confounded expectations with sharp gains over all major rivals until Thursday, leading to much head-scratching in some parts and prompting Pound Sterling Live to draw on the buy-side …

24 February 2021 Canadian Dollar's New Highs Weigh on GBP/CAD but BoC's Evolving Stance Aids GBP's Outlook

The Canadian Dollar rallied to a three-year high with gusto on Wednesday, weighing on the Pound-to-Canadian Dollar rate in the process, although Sterling's recently-improved outlook has been b…

04 February 2021 Pound Sterling Rallies After Bank of England Kills Negative Interest Rate Prospects

The decision is on balance a positive outcome for the British Pound which rallied against the Euro, Dollar and other major currencies following the outcome.

03 February 2021 Analyst Views On What to Expect from the Bank of England this Thursday

  The Pound was taking a breather from its 2021 rally on Wednesday having eked out gains over only its European counterparts ahead of a Bank of England (BoE) policy decision that will be inst…

03 February 2021 Bank of England to Cut Interest Rate to 0% on Thursday: Soc Gen

The Bank of England will cut its basic interest rate and raise its quantitative easing programme to support the lockdown-ravaged UK economy, according analysts at major pan-European lender and inve…

13 January 2021 How Negative Interest Rates Could Work at the Bank of England

  Negative interest rates are unlikely at the Bank of England (BoE) if the latest remarks from Governor Andrew Bailey and Pound Sterling's response to them are anything to go by, although …

12 January 2021 Pound Sterling Rallies after Bailey Pushes Back on Negative Interest Rates at Bank of England

The debate over whether to introduce negative interest rates at the Bank of England has intensified over the past 24 hours, and the British Pound is reacting by going higher.

12 January 2021 Pound Sterling Nerves on Negative Interest Rates, Could Go below 1.10 vs. Euro says One Analyst

A leading member of the Bank of England's Monetary Policy Committee has given a strong signal that negative interest rates in the UK are potentially on their way, a development that could prove to …

06 January 2021 BoE's Bailey Warns against UK Becoming EU "Rule Taker" on Financial Services

The Bank of England Governor Andrew Bailey told MPs it was reasonable to assume the EU and UK could reach a deal on financial services by the end of March.

17 December 2020 Bank of England Sits On Hands in December Pending Outcomes On Brexit, Virus Restrictions

The Bank of England (BoE) sat on its hand in December when it left interest rates and the parameters of its quantitative easing programme unchanged pending the outcome of Brexit trade talks and dec…

25 November 2020 Pound Sterling's New Bank of England Burden Could Turn to Tailwind with any Brexit Trade Deal

The Pound has been burdened anew in November by evolving market expectations for interest rates at the Bank of England (BoE) and elsewhere in the world, although this weight around the ankles …

05 November 2020 UK GDP Forecasts Cut by Bank of England

UK economic growth forecasts for the UK economy have been downgraded by the Bank of England, while pointing to a more gradual recovery in growth towards pre-Covid levels.

05 November 2020 Bank of England Boosts QE by £150BN, and More is Coming say Economists

The Bank of England on Thursday announced it would boost quantitative easing by £150 billion, an amount significantly greater than the £100BN markets were anticipating, and economists are saying th…

30 September 2020 Bailey Blunts Sterling's Recovery

The British Pound's recovery against the Euro, Dollar and other major currencies was stopped after markets reacted to comments by Bank of England Governor Andrew Bailey on the prospect of UK intere…

22 September 2020 Respite for Pound Sterling after Bailey Pushes Back on Negative Interest Rates

Bank of England's Governor Andrew Bailey has downplayed the prospect of negative interest rates in the future as he sought to downplay the market's rising expectations for future interest rate cuts…