Pound slides on BoE rate cut as investors fret about 'stagflation'
By Harry Robertson, Naomi Rovnick and Greta Rosen Fondahn (Reuters) -Investors grappled with a gloomy set of Bank of England forecasts on Thursday that complicate the outlook for UK assets, with sterling set for its biggest one-day fall in four weeks even as bond yields held broadly steady.
U.K. Pound Falls After Bank of England Cuts Rates, Warns on Tariffs
Britain's central bank cut its main interest rate in response to a troubling mix of stuttering growth, stubborn inflation and President Trump’s tariff threats. Sterling lost about 0.5% against the dollar,
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
Britain's FTSE 100 dips marginally ahead of BoE rate decision
British stocks were set to fall for the third straight session on Wednesday, as a stronger pound put pressure on the export-heavy index, while caution prevailed ahead of the Bank of England's rate decision.
FTSE 100 hits record high ahead of expected interest rate cut
UK stocks rallied to hit a fresh record ahead of the rate decision. The FTSE 100 is up 1.1 per cent — touching a fresh high — helped by weakness in the pound. The mid-cap FTSE 250 rose 0.7 per cent. Most sectors in the FTSE 100 were up,
FTSE 100 Live: Pound Falls, UK Stocks Rally Ahead of Expected BOE Rate Cut
Laurence Mutkin, BMO’s EMEA head of rate strategy, is worried that the Bank of England is going to focus too much on slowing growth when it updates the market today. He told Bloomberg TV earlier what the gilt market actually wants to hear is that Governor Andrew Bailey is laser-focused on inflation.
Pound slides as stagflation puts BoE on deeper cutting path
Sterling was set for its biggest one-day fall since early January on Thursday, after the Bank of England (BoE) cut interest ...
Unexpectedly dovish Bank of England decision sends pound and yields lower
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...
Pound Sterling gains against USD ahead of US NFP
The Pound Sterling (GBP) ticks lower to near 1.2420 against the US Dollar (USD) in Friday’s European session ahead of the ...
SAS Weekly U.K. Gilt Yield And Pound Sterling Simulation, January 31, 2025: Median Pound/Dollar Exchange Rate 1.2347 One Year Forward
Our weekly simulation for Gilt yields. Read the latest update, as of January 31, 2025. Read the full report on Seeking Alpha.
LIVE
FTSE 100 Live: UK Stocks to Slip From Record, Pound Holds Above $1.24
FTSE 100 futures are down about 0.3%, after the index rallied to another record high yesterday. The pound is a touch lower for the session, though holding above $1.24. We have Halifax house-price data ...
MLive - GrandRapids/Muskegon/Kalamazoo on MSN2d
Thrifters find unique deals at new ‘By The Pound’ outlet in Grand Rapids
The recently reopened thrift store features a new shopping experience designed for bargain hunters: items are sold by weight.
Pound sliding ahead of Bank of England decision
The British pound was seeing notable pressure Thursday ahead of a Bank of England decision where expectations are for a quarter-point rate cut. Vanguard senior economist Shaan Raithatha said his firm ...
WOOD-TV on MSN1d
Dig through bins, pay for items by the pound at new GR thrift store
After shoppers comb through items at a new Grand Rapids thrift store, they won’t be paying for their finds per item — they’ll ...
Boxing Pound-for-Pound Rankings: David Benavidez picks up impressive win as he continues to hunt for big names
If there's a blueprint on how to handle oneself while being heavily avoided by top opponents in boxing, unbeaten light ...