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Pound Tumbles After Bank of England Cuts Rates While Warning Of Mounting Stagflation; Two Officials Vote For Bigger Cut

Pound Tumbles After Bank of England Cuts Rates While Warning Of Mounting Stagflation; Two Officials Vote For Bigger Cut While the Fed engages in navel-gazing how much Trump's tariffs will raise inflation by, and according to Goldman the answer is by a whopping 0.5% to 2.6% (from 2.1%... Далее

Pound Slides After "Dovish Hold" By Bank of England

Pound Slides After "Dovish Hold" By Bank of England One day after the Fed's furiously hawkish pivot, which prompted many to ask why cut rates if Powell will just complain about the risk of rising inflation (thanks to his bizarro jumbo rate cut just three months ago which it is now... Далее

Pound Jumps After BOE's Last Rate Cut Of 2024, Warns Reeves Budget Will Spike Inflation

Pound Jumps After BOE's Last Rate Cut Of 2024, Warns Reeves Budget Will Spike Inflation Just hours before the Fed's second rate cut this cycle, the Bank of England cut interest rates to 4.75% - as all economists expected - its second rate hike this cycle (it kept rates on hold at its... Далее

Bank of England Cuts Rate to 5.0% In "Finely Balanced" 5-4 Vote, Offers No Signals On Next Moves

Bank of England Cuts Rate to 5.0% In "Finely Balanced" 5-4 Vote, Offers No Signals On Next Moves The global easing train is now well and truly on its way. While the Fed got close to cutting rates yesterday, but instead punted to September, moments ago it was the Bank of England that... Далее

Bank of England Keeps Rates Unchanged In "Dovish Hold", August Rate Cut On Deck

Bank of England Keeps Rates Unchanged In "Dovish Hold", August Rate Cut On Deck Unlike the SNB, which unexpectedly cut rates earlier this morning (full breakdown coming shortly), the Bank of England did not surprise markets and kept rates on hold at a 16 year high of 5.25%, even as it... Далее

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