Bank of England News and Analysis

06 May 2016 Bank of England and British Pound: GBP Shoots Higher on Robust Brexit Warning + Benign Growth Forecast Cuts

The Bank of England’s Super-Thursday event is next week’s highlight for the British pound.

05 May 2016 UK Services Betray the Return of Inflation - But Will the Bank of England Take Note?

The Bank of England will surely have to take note of the fact UK prices are rising at a rate that is subduing economic growth.

16 April 2016 Mark Carney's Testimony to House of Lords Highlights Risk to Current Account Deficit via Brexit

The Bank of England Governor Mark Carney will next week give evidence to the House of Lords Economic Affairs Committee in its annual session with the Governor of the Bank of England.

14 April 2016 Bank of England Could Raise Interest Rates in 2016 Warns TD Securities' Rossiter

If the UK votes to remain a member of the European Union on June 23rd the Bank of England will raise interest rates in November it is argued.

12 April 2016 UK Inflation: Is this ‘Escape Velocity’ and Should the Bank of England be Worried?

The British pound’s outlook rests with two factors, in our view: The EU referendum in June and UK inflation data.

18 March 2016 Pound Boosted as Bank of England Talks Interest Rate Rises Again as Inflation seen Growing

The Bank of England's March decision has proved to be a positive for pound sterling which has advanced against the euro and US Dollar and keeping alive the prospects of better rates ahead.

16 March 2016 Why the Productivity Forecast Blow Hidden in Budget 2016 is a Big Deal for the Pound

The Office of Budget Responsibility has downgraded their forecasts for UK labour productivity, the most notable negative for pound sterling coming out of the budget.

08 March 2016 Bank of England's Carney Appears to Back UK Staying in the EU

Mark Carney, governor of the BOE, was mildly supportive of remaining in the E.U in a testimony to parliament on Tuesday.

07 March 2016 Bank of England Announces Measures to Soothe EU Referendum Fears

The Bank of England has today announced that it will offer  extra cash facilities to the UK’s banks around the time of the EU referendum.

02 March 2016 Can the British Pound Extend its Strong Advance Against US Dollar and Euro Today?

The British pound has made some hefty gains in the mid-week session despite poor data releases.

23 February 2016 Carney & Co Talk Interest Rate Cuts at Treasury Select Committee Hearing

Those hoping for better pound exchange rates will be hoping for an assured appearance before parliament by leading Bank of England decision makers today.

05 February 2016 Pessimistic Markets Price Sterling and Interest Rates for a 2018 Bank of Interest Rate Rise

The Bank of England (BofE) is tipped to raise interest rates in 2018 by the money markets. But inflation is forecast to be uncomfortably high by the time 2018 comes around.

04 February 2016 British Pound Faces Softer 2016 on Basis of Bank of England Super-Thursday

Pound Sterling Live will once again be the premier destination for coverage and, importantly, reaction to the Bank of England’s February inflation report and rate decision.

02 February 2016 Why the British Pound Could Extend its Rally on Bank of England Super-Thursday

Expect pessimism to be the order of the day at the Bank of England on Thursday, but the British pound could actually end the day higher.

28 January 2016 Bank of England Foreign Exchange Report Shows EURUSD Turnover Falls Sharply

Both London and New York saw a major fall-off in trading volumes between April and October 2015. 

19 January 2016 Mark Carney Explains Why he is no Sheep of US Federal Reserve Policy

The date of the first interest rate rise at the Bank of England now looks to be in 2017.

18 January 2016 Bank of England’s Vlieghe Dismisses Imminent Interest Rate Rises

The recovery seen in the British pound at the start of the week has reversed following dovish comments from a Bank of England policy maker.

14 January 2016 British Pound Decline v US Dollar and Euro Continues Despite Sanguine Bank of England

Today’s focus from a British pound perspective will be on the Bank of England’s MPC policy announcement and meeting minutes.

12 January 2016 British Pound Suffers as UK Industrial Production Reads -0.7%, Lowest Figure Since 2012

The pound has weakened even further following a significant drop in Industrial and Manufacturing Production data, as analysts push back their forecasts of when the BOE is most likely to raise rates…

07 January 2016 Bank of England Interest Rate Rise Predictions: The Likely Dates are Becoming Clearer

A thawing in the views of both hardline hawks and doves on when the BOE might move has narrowed the target range for a possible hike, with June and November especially standing out.  