01-Feb-2024 Last updated on 02-Feb-2024 at 10:18 GMT Huge forecaste change: BoE freezes base rate and predicts inflation will fall in Q2 before rising again later this year (Credit: Getty/kelvinjay) ...

Goldman Sachs said on Tuesday that it now expects the Bank of England to deliver an interest rate cut in June, revising its prior forecast of May, citing a resilient labor market and mounting ...

HSBC maintained its forecast of one rate cut per quarter from August onwards, taking the BoE base rate to 3.50% by the end of 2025.

The Bank of England (BoE) announced on Thursday that it left the policy rate unchanged at 5.25%, as widely expected. Seven policymakers voted to hold rates steady while Dave Ramsden and Swati ...

Lombardelli, making her first speech since joining the BoE in July, said recent downbeat business surveys suggested that inflation could cool while strong wage growth posed a threat in the ...

Market rates currently priced in an 82 per cent chance of an interest rate cut in August before inflation data arrived, ...

Barclays said it no longer expects the BoE to deliver its first rate cut in June, while keeping its forecast of three cuts of 25 basis points in 2024 under review for further UK activity data ...

Bank of England Governor Andrew Bailey signaled that policymakers still believe four quarter-point interest rate cuts next year is the most likely scenario as he said inflation has come down ...

Bank of England Deputy Governor Dave Ramsden said he would consider voting for quicker interest rate cuts if uncertainty around the UK economy clears in coming months.

MUFG expects near-term Pound to Euro (GBP/EUR) exchange rate gains to 1.2050 and notes that the US election will trigger high volatility. On a medium-term view, MUFG expects that the BoE will cut ...

The GBP/USD exchange rate dived to its lowest level since May 2024 as the US dollar index surge gained steam. It dropped to a low of 1.2497, much lower than the year-to-date high of 1.3430 after ...

Bank of England (BoE) Governor Andrew Bailey explains the decision to lower the policy rate by 25 basis points to 5% in August and responds to questions from the press.