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 the matter is not decisively settled and at least some derivation of the controversial policy could yet be implemented.

February 2,2021

Vaccine rollout

The British Pound has shaken off a poor start to 2021 to rallied strongly over the past 24 hours, after the Bank of England Governor indicated it was too soon to cut interest rates again and the vaccine rollout in the UK accelerated.

January 25,2021

Bailey

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.

January 29,2021

Tenreyro

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 be a significant headwind to the Pound.

January 12,2021

Goldman Sachs

Strategists at Goldman Sachs are no longer holding a bullish stance on the British Pound, saying they need to take a step back and reassess their views on the currency.

January 11,2021

Johnson statement on covid

2021 is expected by analysts to be the year of the vaccine, in which the currency of the economy that is unlocked first will likely be the currency that is sought.

January 11,2021

Vaccine rollout can support Sterling

Despite a lacklustre start to 2021 for the British Pound further downside is expected to be limited, according to a leading foreign exchange analyst.

January 7,2021

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