Bank of England

The Latest

  • Bank of England Holds Rates, Signals Potential June Cut Dependent on Upcoming Data
    UK Central Bank
    The Bank of England (BOE) has taken a cautious step towards potentially lowering interest rates, as its Monetary Policy Committee (MPC) voted 7-2 to maintain rates at their current level of 5.25%.
  • BoE Holds Rates Steady Amid Inflation Concerns, Signals Cautious Outlook
    UK Central Bank
    The Bank of England (BoE) maintained its benchmark interest rate at 5.25% in a widely anticipated move, underscoring a cautious approach amid evolving economic indicators.
  • Bank of England Signals Openness to Future Rate Cuts Amid Economic Uncertainty
    NEED FOR CBDC
    Bank of England Governor Andrew Bailey hinted that the financial markets' anticipation of future rate cuts might align with the central bank's own outlook.
  • Bank of England Holds Steady Amid Economic Concerns, Spurring Debate Over Next Moves
    UK Central Bank
    The Bank of England (BoE) announced Thursday that it would keep interest rates unchanged at 5.25%, marking the second consecutive pause after 14 successive rate hikes. The central bank cited weakening economic activity and easing inflation as reasons behind the decision, igniting speculation on whether the highest rate level since February 2008 has peaked.
  • Bank of England Hikes Interest Rates Again, Slashes Future Economic Growth Forecasts
    UK Central Bank
    Following an unexpected 50-basis point hike in June, the Bank of England (BoE) has once again raised its rates, albeit at a slower pace, influenced by recent cooled inflation data.
  • Russia, Iran Partner To Issue New Stablecoin Backed By Gold
    NEED FOR CBDC
    The stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar
  • Former Bank Of England Official Advises Against Use Of CBDC
     Bank of England
    Tony Yates, former senior adviser to the Bank of England, says the rollout of CBDC is "not worth the costs and risks"
  • U.K. Releases New £50 Note Honoring Computer Pioneer Alan Turing
    Bank Of England
    The Bank of England unveiled its new £50 note featuring Turing and clever visuals of his work
  • Prince Charles, Camilla Check On National Economy During A Visit To Central Bank
    Prince Charles and Camilla
    The royal couple had a meeting with bank officials led by Governor Andrew Bailey.
  • Asia Markets Up But Struggle With Economy Worries
    MSCI
    Oil prices steady after OPEC cracks down on members not cutting output while the dollar nurses losses.
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