Should the Bank of England cut interest rates with Britain’s economy in bloom?
The UK is expected to come out of recession, but it would be wise not to expect a reduction any time soon
Bank of England To Stay Optimistic But Avoid Endorsing June Rate Cut
The Bank of England is inching towards the first rate cut, which we expect in August. Expect an optimistic air to Thursday’s meeting but we think the Bank will stop short of rewriting its forward guidance, which would be tantamount to endorsing a June rate cut at a time when the near-term direction of UK inflation is still uncertain.
Bank of England policymakers split on when to cut rates
Bank of England Governor Andrew Bailey has said inflation is moving in the right direction but some of his fellow interest rate-setters have sent different messages on how quickly the BoE should move towards a first cut in borrowing costs since 2020.
Week ahead: Will the Bank of England cut interest rates?
Will the RBA hike Australian interest rates? Unexpectedly high inflation in the March quarter has the market discounting cuts and talking up the possibility of another hike. The RBA’s cash rate sits at 4.
Bank of England preview: Setting the stage for a June cut
BoE call. We expect the BoE to prime markets for a rate cut at the meeting next week delivering the first cut of 25bp in June. We expect a 25bp cut in each of the subsequent quarters, totalling 75bp of rate cuts for 2024. Markets are pricing 45bp for the remainder of the year with the first 25bp cut only priced by August.
Banks hike mortgage rates as Bank of England interest rate cut expected to be delayed
Banks hike mortgage rates as Bank of England interest rate cut expected to be delayed - Mortgage brokers said that homeowners are set for a summer of ‘discontent’
Mortgage costs rise as banks confirm higher rates
Many homeowners could face higher monthly payments after some of the UK’s biggest lenders confirmed mortgage rate increases. HSBC, NatWest, Barclays, and Leeds Building Society have raised their rates on fixed-term loans,
How divided is the Bank of England’s policy committee?
Judo Bank’s Warren Hogan, who called the RBA’s moves in 2023 better than his peers, now expects that there will be three ...
The Bank of England should diversify its team before going out to bat
Lord King of Lothbury is to be the next president of the Marylebone Cricket Club. The former Governor of the Bank of England ...
Exchange Rates9h
Bank Of England 9th May: Pound To Euro Rate Tipped To End Day Lower Say Danske
According to economists at Danske Bank, the Bank of England (BoE) is anticipated to maintain the Bank Rate at 5.25% on May 9, ...
Bank of England tweaks lifetime loss estimate for QE programme
The Bank of England on Tuesday tweaked its estimates for the overall losses made by its quantitative easing bond purchase ...
Bank holiday supermarkets: when Aldi, Asda and others are open for business
British shoppers have been told to prepare for a change in supermarket opening hours before bank holiday Monday commences - ...
prolificlondon4d
Bank Of England Bonds Bungle
In the aftermath of the 2008 banking collapse, the Bank initiated a program of purchasing government bonds on the secondary ...
Bank of England tells payment firms to step up disruption mitigation plans
Firms offering payment services in the UK must work much harder to meet new 'operational resilience' standards by March 2025 ...
Ten years in the creation: Secrets of the new King Charles bank notes
We have been granted an exclusive invitation to the Bank of England's inner sanctum where His Majesty's high-tech money was ...