BoE’s Chief Economist Huw Pill spoke before lawmakers in Parliament. Key Quotes We do need to remain vigilant to new shocks that might hurt path back...
The Pound Sterling rises ahead of BoE Andrew Bailey’s testimony before Parliament’s Treasury Committee. Investors worry that US President Trump’s tariff agenda could weigh on the...
The Pound Sterling turns flat against the US Dollar as US core PCE inflation cools on year in January. US President Trump proposes an additional 10%...
Bank of England (BoE) Deputy Governor Dave Ramsden spoke about monetary policy in a world of geopolitical fragmentation at Stellenbosch University in South Africa on Friday....
Bank of England (BoE) Monetary Policy Committee Member Swati Dhingra noted on Wednesday that there is only so much central bank policy can do in the...
Trump reiterates tariffs on Canada and Mexico, fueling trade concerns. UK retailers slash investment as consumer spending weakens. Markets expect BoE to hold rates at 4.50%...
The Pound Sterling steadies against the US Dollar, with investors remaining cautious on US President Trump’s tariff agenda. President Trump is poised to impose 25% tariffs...
Bank of England Monetary Policy Committee (MPC) external member Swati Dhingra said late Monday that the monetary policy restrictiveness is at a “high level” already. Key...
The Pound Sterling moves higher as traders expect the BoE to cut interest rates two times more this year. US S&P Global Services PMI contracted for the first...
The Pound Sterling falls back from its intraday high against the US Dollar despite some investors seeing Trump’s tariffs agenda as a tactic to close deals in...
The Pound Sterling rises around 1.2610 against the US Dollar while investors wait for more developments in President Trump’s international policies. The FOMC minutes showed on Wednesday that...
The Pound Sterling declines in the aftermath of the hotter-than-expected UK inflation report for January. BoE’s Bailey expects the uptick in inflation won’t be persistent in nature....
The Pound Sterling steadies against its major peers on Monday amid uncertainty ahead of UK employment and inflation data. BoE Governor Bailey expects some softness in...
The Pound Sterling extends its upside to near 1.2600 aagainst the US Dollar after weak US Retail Sales data for January. A delay in imposition of reciprocal tariffs...
The Pound Sterling advances as the UK GDP rose at a robust pace in December and surprisingly expanded in the last quarter. BoE’s Greene and Pill...
GBP/USD gains ground possibly as traders project annual UK GDP to expand in Q4 2024. BoE’s Catherine Mann expressed concerns over weakening demand in the United...
GBP/USD plummets as BoE cut rates unanimously The Pound Sterling fell during Thursday’s North American session, down 0.79% after the Bank of England (BoE) reduced the...
The Pound Sterling (GBP) is trading down a little on the session after a two-cent rebound from yesterday’s intraday low and stretch gains against the EUR...
GBP/USD could lose ground as China is set to be hit with a 10% across-the-board tariff on Tuesday. Trump said on Monday afternoon that talks with...
GBP/USD depreciates around 1% amid US President Donald Trump’s tariff threats against China, Canada, and Mexico. US announced plans to impose a 25% tariff on Canadian...