Bank of England News and Analysis

17 September 2020 Pound Sterling Drops after Bank of England says it Will Advance Preparations for Negative Interest Rates in Q4

The British Pound fell sharply against the Euro, Dollar, Australian Dollar and other major currencies after the Bank of England said it was preparing to engage regulators on lowering interest rates…

17 September 2020 Pound Sterling Today: Bank of England Ahead, Beware Hints Interest Rates will Fall Below 0%

The Bank of England forms the highlight for Pound Sterling on Thursday as any signal of imminent interest rate cuts or a boost to the quantitative easing programme could weigh on the currency.

06 August 2020 Pound Sterling Higher in Wake of Bank of England August Policy Update

The British Pound went higher against the Euro, Dollar and other currencies following the release of the Bank of England's August policy statement that revealed the Monetary Policy Committee o…

05 August 2020 Pound Sterling Targets vs. Euro and Dollar on Potential Bank of England Outcomes

A pessimistic signal would likely lend itself to a weaker Pound, while a more confident assessment that would suggest no further quantitative easing expansions are likely over coming months could c…

30 June 2020 Pub and Restaurant Openings to Add "Further Impetus to Spending" and Economic Recovery says Bank of England's Haldane

The UK economy is currently experiencing a v-shaped recovery, that should be reinforced by a surge in consumer spending when pubs and restaurants open up on July 04, says the Bank of England's Chie…

22 June 2020 Pound Sterling's post-Bank of England Fall Suggests Markets Fear 'Japanification'

The British Pound fell last week, by over a percent against the Euro and 1.3% against the U.S. Dollar, with a major culprit behind the move being Thursday's Bank of England policy meeting.

18 June 2020 Pound-Dollar Rate Volatile after Bank of England Says to Buy More Bonds, but at Slower Pace

  The Pound-to-Dollar rate volatile Thursday after the Bank of England (BoE) told markets it intends to slow the pace at which it buys an increased stock of British government bonds using new…

18 June 2020 Bank of England Boosts QE by £100BN, Pound Sterling Loses Ground

The Bank of England increased the scale of its quantitative easing programme by £100BN it announced on June 18, taking the programme's total to £745BN.

18 June 2020 Pound Sterling: Bank of England Surprise Could Trigger Big Gains or Losses

The British Pound will today take direction from the Bank of England which will announce the outcome of their latest policy meeting at 12:00 BST, with the market expecting another £100BN in quantit…

02 May 2019 Pound Sterling Jolted by Bank of England Excitement, but Soon Flatlines on Forecasts for Subdued Inflation

There was a spike in volatility in the Pound in mid-day London trade after the Bank of England released their May policy decision and latest suite of economic forecasts.

01 May 2019 The British Pound: Analyst Views on the Bank of England Interest Rate Decision

The Pound was riding high at the top of the G10 league table Wednesday and by many accounts, could be due a further run of gains over the course of Thursday as the Bank of England (BoE) is now on t…

01 May 2019 The British Pound is on the Offensive as a Complacent Market Wakes from Interest Rate Slumber

The Pound is the on the offensive this week, already having gained 1.3% over the Dollar and half a percent from the Euro, as investors are increasingly woken from a complacent slumber at the currency…

01 May 2019 British Pound Tipped to Go Higher Thursday as Bank of England Looks to Defend its Currency

The Pound-to-Dollar rate is on course for further gains this week, according to analysts at BMO Capital Markets, because the Bank of England (BoE) is in a bind that means it will have no choice oth…

29 April 2019 The Pound Could be in for a BoE-sized Surprise this Week

The Pound-to-Dollar rate is already sat on a healthy gain for the 2019 year but it could be in for a further boost this week if economists are right in warning suggesting the Bank of England (BoE) …

21 March 2019 Bank of England Interest Rate Outlook: Everything You Need to Know from the Latest Policy Update

Sterling stabilised on Thursday after the Bank of England (BoE) reiterated its commitment to raising its interest rate over the coming quarters, in stark contrast to the stance of other d…

07 February 2019 Pound in Strong Recovery: Pivot to Softer Brexit Likely Key Driver, Bank of England Downgrades UK Growth

The British Pound was volatile on Thursday after the Bank of England announcement that it downgraded its growth forecasts for the UK economy and it was announced further Brexit negotiations between …

20 December 2018 Bank of England says Brexit Risks Intensifying and Cuts GDP Forecast but Retail Sales Data Defy the Gloom

* Retail sales first up at 09:30 * Bank of England guidance due at 12:00 * Pound Sterling likely to fade any gains or losses stemming from today's events as markets will stay focussed on the Janua…

04 December 2018 Bank of England Stand by View Pound Sterling Can Suffer Deep Falls on Disruptive Brexit

Bank of England policy makers have stood by analysis suggesting the British Pound is at risk of losing substantial ground in the event of a disruptive 'no deal' Brexit taking place in 2019.

04 December 2018 Carney Sounds Warning on UK Being a 'Rule Taker' After Brexit

The Governor and other senior officials of the Bank of England have warned against the UK financial services sector being governed by Europe, as would be the case in any backstop scenario or EEA me…

28 November 2018 The Pound Could fall 25% in Disorderly Brexit Scenario show Bank of England 'War Games'

The British Pound would come under substantial pressure under a no deal Brexit scenario warns the Bank of England.