Bank of England News and Analysis

02 August 2017 Bank of England's Super-Thursday Reignites Sterling's Downtrend

Beware a pro-Sterling outcome to the Bank of England’s ‘super-Thursday’ event due at mid-day on August 3.

28 July 2017 Pound Sterling Outlook: "Confusion will Reign in GBP Markets" on BoE's Super-Thursday Event

“Sell GBP/$ into the BoE meeting but 1.2850-1.2900 may be the lowest we get” - Viraj Patel, ING Bank N.V.

14 July 2017 Bank of England to Raise Interest Rates In August say Nomura

 If Nomura are correct, the Pound should receive a positive boost as this is an agressive sign of intent that the Bank of England is fast losing patience with elevated inflation in the UK.

04 July 2017 British Pound: BoE Rate Hike will be No Saviour, Sterling to Struggle v Euro and Dollar

The Pound might struggle to find further strength against the Euro and Dollar from current levels, even if the Bank of England goes ahead and raises interest rates say a number of researchers.

28 June 2017 BoE's Cunliffe Knocks the Wind Out of Pound Sterling Bulls

The Deputy Governor of the Bank of England (BOE), Sir Jon Cunliffe has tacitly expressed a preference for keeping interest rates unchanged  - what does this mean for Sterling?

22 June 2017 A November Interest Rate Rise at Bank of England just Became more Likely

Bank of England Chief Economist Andy Haldane sent ripples across financial markets on Wednesday, June 22 having stated that a “partial withdrawal of the additional policy insurance the MPC put in p…

16 June 2017 Pound to Euro Exchange Rate at "Reset Point"

The GBP to EUR conversion has managed to form a base following the declines that came in the wake of the UK’s general election.

15 June 2017 Pound to Find Further Gains v Euro as Bank of England Shakes Interest Rate Expectations

The Bank of England voted 5-3 to keep interest rates unchanged - the vote was a shock to markets who have scrambled to buy Sterling.

15 June 2017 British Pound Rallies as BoE Points to Potential August Rate Rise - But is the Bank Just Bluffing?

The Pound is the day's best-performing G10 currency as the Bank of England came its closest since 2007 to raising interest rates.

06 April 2017 Pound Sterling Outlook Upgraded as Bank of England Tipped to Raise Interest Rates in Early 2018

An interest rate rise in the next 12 months has important implications for the British Pound which ultimately tracks the yield offered on debt in the UK.

30 March 2017 Bank of England to Replace Animal Fat with Palm Oil in New £20 Notes

The Bank of England’s review into the composition of its new generation of polymer bank notes has confirmed a shift away from the use of polymer which contains animal fats.

28 March 2017 Why the Bank of England Might Talk up the British Pound

 “It does, however, suit the BoE's purposes to talk the Pound higher. The removal of some imported inflationary pressure would lessen the risk of a follow-though to faster wage growth." - Simo…

16 March 2017 Bank of England’s 'Hawkish' Stance Won’t Last: Analysts

The Bank of England gave the British Pound a boost on Thursday, March 16 when the results of the Monetary Policy Committee’s March meeting were revealed.

16 March 2017 Pound Jumps Against Euro + Dollar on Bank of England Policy Statement

The Bank of England’s March policy meeting forms the key event for the Pound Sterling complex on Thursday, March 16.

21 February 2017 Carney & Co Retain a Cautious Optimism Before Treasury Select Committee

The Treasury Committee hears from Governor and Chief Economist of the Bank of England, and External Members of the Monetary Policy Committee on its Inflation Report for February.

08 February 2017 Let 'Artificially' Low British Pound, Euro and Yen Recover to Avoid Provoking the US into a Trade War: Pimco's Fels

Joachim Fels, Pimco’s global economic adviser, has suggested the Bank of England is keeping the Pound artificially weak.

07 February 2017 Kristin Forbes: A Hawk Takes Wing at the Bank of England

The Bank of England’s Monetary Policy Committee will soon start splitting in their opinion on how appropriate current interest rate settings are for the UK economy.

02 February 2017 British Pound Receives a Reality Check from the Bank of England

Foreign exchange markets appear to have got it very wrong by bidding Pound Sterling higher ahead of the release of the Bank of England's February Inflation Report.

27 January 2017 Pound Sterling Tipped to Remain Soft Despite a Higher Chance of the Bank of England (BOE) Normalising

TD Securities have dropped their call for a rate cut in Q4 2017 saying that improved economic data and a less dovish monetary policy outlook in the UK now mean the odds of a hike or cut are evenly …

14 December 2016 Rise in Pound Sterling Allows Bank of England to Sit Back and Relax

The Bank of England meets to decide on interest rates and guide markets on policy on Thursday December 14 - this will be the last major set-piece for Pound Sterling in 2017.