Markets are expecting no change to interest rates at the March 2018 Bank of England Monetary Policy Committee meeting, however, expectations for a May interest rate rise are running close to 90% at the time of writing.
March 22,2018
The Bank of England will announce its latest interest rate decision at 12:00 pm Thursday 22, March while providing an updated outlook for the economy and monetary policy in the UK.
March 21,2018
The Pound rose strongly against a basket of developed world currencies Wednesday as markets responded to the latest volley of labour market data, which showed UK wages growing faster than expected during January.
March 21,2018
The Pound pared back earlier gains over a basket of developed world currencies Tuesday after Office for National Statistics data showed UK inflation falling faster than was expected in February.
March 26,2018
The Pound remains “extremely cheap” and with a Brexit transition deal now in the bag, fading economic uncertainty should create scope for the British currency to regain its poise against the Euro and US Dollar, according to strategists at ING Group.
March 26,2018
Sterling has surged higher this morning after Brexit negotiations finally bore fruit.
March 19,2018
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