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Sterling plunges 1% against the dollar, euro after Bank of England governor's comments on rate policy
The British pound fell more than 1% against the U.S. dollar Thursday, after Bank of England Governor Andrew Bailey told the Guardian newspaper that more good news on inflation could allow the central bank to be "a bit more activist" in its approach to rate cuts.
Pound slides as Bank of England chief says it could be ‘more aggressive’ in cutting rates
The pound fell sharply Thursday after Bank of England Governor Andrew Bailey said the central bank could be more aggressive in cutting borrowing costs if inflation remained benign.
Bank of England could become 'more aggressive' on rate cuts, Bailey says
The Bank of England could move more aggressively to cut interest rates if inflation pressures continue to weaken but conflict in the Middle East could push up oil prices, Governor Andrew Bailey said.
Bank of England should not cut interest rates ‘too far or too fast’, chief economist warns
The comments follow Bank governor Andrew Bailey hinting interest rate cuts could soon become "more aggressive".
Bank of England warned don't cut interest rates 'too far or too fast' by own economist
Huw Pill has signalled that rates should be cut in a 'gradual' manner, amid caution over the long-term path of inflation
Sub 3% mortgages ‘possible’ as Bank of England hints at more ‘aggressive’ interest rate cuts and lenders make reductions
SUB 3% mortgages could be on the cards as the Bank of England hints at more “aggressive” rate cuts. It comes after a host of major lenders have made reductions to rates. The news
Pound falls as Bank of England governor says it could become ‘more activist’ on rate cuts – business live
Andrew Bailey tells the Guardian the Bank could become a “bit more aggressive” in cutting interest rates if news on inflation continued to be good
Sterling plunges 1% against dollar after Bank of England governor's comments on rate policy
Andrew Bailey, Governor of the Bank of England, gestures as he addresses the media during a press conference at the Bank of England in London on Aug. 1, 2024. The British pound fell more than 1% against the U.
JD Supra
10h
UK Regulators Warn Against Use of Credit Sensitive Rates as Successors to LIBOR
The Bank of England has published a joint press release with the Financial Conduct Authority and the Working Group on Sterling Risk-Free ...
6d
Bank of England says global asset prices remain 'stretched'
LONDON, Oct 2 (Reuters) - Global asset prices remain stretched and are vulnerable to a big fall as investors grow more ...
devdiscourse
22h
Sterling's Struggles: Navigating Geopolitical Tensions and Bank of England Dynamics
The British pound is facing challenges against the dollar due to geopolitical tensions in the Middle East and speculation ...
JD Supra
10h
Bank of England Establishes Artificial Intelligence Consortium
The Bank of England has announced the establishment of an Artificial Intelligence consortium. Its purpose is to provide a platform for ...
3d
Bank of England taps TikTok influencers in quest to reach Gen Z
The bank launched its Instagram profile in March, and also has its own TikTok profile. Read more at straitstimes.com.
5d
Bank of England to cut rates at every meeting until May, economists predict
Traders are ramping up betting on a further surge in oil prices amid the threat of war between Israel and Iran. The volume of ...
4d
on MSN
Pound rallies as Bank of England’s chief economist urges caution over interest rate cuts – business live
Rolling coverage of the latest economic and financial news. Wall Street rallies after strong jobs report 14:36 ...
Crude Oil Prices
5d
Bank of England Warns Middle East Conflict Could Lead to a Major Oil Price Shock
The Bank of England Governor warns that a wider Middle East conflict could disrupt oil supply and destabilize global monetary ...
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