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Dovish BoE officials cut rates in face of hawkish forecasts
Pound ticks up after sliding on BoE cut and gloomy forecasts
The pound regained some ground on Friday after dropping on Thursday when the Bank of England cut interest rates and halved its growth forecast for the year.
Dovish BoE officials cut rates in the face of hawkish forecasts
The BoE’s forecasts suggest it will only cut rates two more times over the next three years on the back of higher inflation and weaker underlying growth capacity. The 7-to-2 vote to cut rates with a bias towards a larger cut suggests MPC members do not accept the hawkish message in the forecasts.
FTSE 100 Live: Bailey Says BOE Expects to Be Able to Cut Rates Further
The Bank of England cuts rates by 25 basis points to 4.5%, with two members unexpectedly backing a half-point cut; Governor Andrew Bailey says the BOE will take a “gradual and c
STOXX Europe 600, BoE
European Shares Near Record High Following Robust Earnings; BoE Rate Decision Awaited
(Reuters) - European shares hovered near a record high on Thursday, buoyed by a raft of upbeat earnings, including drugmaker AstraZeneca, and ahead of the Bank of England's monetary policy verdict which is likely to result in an interest rate cut.
STOXX 600 hits record high on robust earnings; all eyes on BoE rate decision
European shares hit a record high on Thursday, buoyed by a raft of upbeat earnings, while Britain's FTSE 100 also scaled an all-time peak ahead of a likely rate cut by the Bank of England (BoE). The pan-European STOXX 600 index was up 0.
European markets rise amid corporate earnings flurry, BOE decision ahead
Financial markets in Europe show mixed performance with UK service activity dropping, German growth rising, and Spanish PMI falling.
21h
on MSN
UK firms trim wage growth expectations, BoE survey shows
British companies' expectations for wage growth fell marginally in January and expectations for employment growth also ...
2d
BOE Could Cut Rates Only Twice More, Pausing in Second Half
The Bank of England could cut interest rates only twice more, including once at this week’s meeting, pausing rate reductions ...
BOE Report
1h
February 5th Alberta Crown Land Sale totals $18 MM – Karr/Elmworth Montney rights get scooped up – BOE Intel
The Alberta Government brought in $18 MM on its February 5th Crown land sale. In total, 29,120 hectares were sold at an ...
1d
AMERICAS Bonds defused, stocks bounce, BoE cut expected
Bank of England Governor Andrew Bailey and other senior officials are due to hold a press conference at 1230 GMT.
18h
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
1d
Gold Dealers Sell BOE Bullion at Discount in Tariff Turmoil
Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a ...
21h
on MSN
US shares firm as tech earnings loom, BoE cut bruises sterling
U.S. shares held steady after European equities hit a record high, and gold prices were near an all-time peak as investor ...
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