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Bank of England (BOE)
Global Economy
BOE delivers rate cut with warning on budget’s inflation hit
Eight members of the Monetary Policy Committee led by Governor Andrew Bailey voted to lower the benchmark interest rate by a quarter point to 4.75%.
21 days ago
Blockchain
‘Britcoin’ will not replace cash, says BOE Governor
Work has started on a digital version of the pound, dubbed Britcoin, but the BOE has yet to decide whether to launch one.
October 27, 2024
UK
Bank of England taps TikTok influencers in quest to reach Gen Z
Younger people can “feel quite disconnected from financial institutions,” says an accountant involved in a BOE TikTok video, pointing to widespread misinformation online about personal finance.
October 05, 2024
UK
UK jobs market tightens amid fears over taxes, worker rights
The UK jobs market has been in a wait-and-see mode for much of 2024 due to restrictive interest rates weighing on activity and political uncertainty in the run-up to the July 4 election.
October 03, 2024
UK
UK property buyers return to market after BOE rate cut
Investors are only fully pricing in one more quarter-point cut by the UK central bank by the end of the year.
August 19, 2024
Global Markets
Bank of England revives speculation of UK rate cut this summer
The markets previously priced in as many as six quarter-point cuts for 2024. Investors now bet on no change until November.
June 20, 2024
Global Economy
UK inflation slows to 2% goal for first time in three years
The Consumer Prices Index eased in May from 2.3% the month before, the Office for National Statistics said on Wednesday.
June 19, 2024
Global Economy
Schroders expects US Fed, BoE and ECB to cut rates in June
In a separate report, the firm has indicated its preference for private equity in India and China.
April 12, 2024
US Economy
Fed pivot will dominate year of rate cuts
Central banks around the world are poised to begin easing monetary policy as inflation continues to retreat.
January 09, 2024
Global Economy
BOE says inflation may have peaked as rates hit 14-year high
The UK central bank lifted its benchmark lending rate a half point to 3.5%, the ninth increase in a year.
December 16, 2022