Bank of England Holds Rates
The Bank of England on Thursday, December 19, as part of its last monetary policy meeting this year, decided to keep interest rates at the same level.
Bank of England
UK Banking Regulator Requests Data on Crypto Exposure
British regulator wants local UK firms to provide information about their current and expected future crypto asset exposures as well as the application of the Basel framework for the prudential treatment of crypto assets.
Bank of England Keeps Interest Rates Steady
The Bank of England on Thursday, September 19, decided to keep interest rates at the same level.
Bank of England Governor to Say About Possible Need for More Long-Term Restrictive Policy
The media reports that Bank of England Governor Andrew Bailey, as part of his Friday speech, will make a positive statement about the progress that the United Kingdom has been able to achieve in implementing measures and taking actions aimed at countering the inflationary process, but at the same time will note that restrictive monetary […]
UK Inflation Demonstrates Growth
In the United Kingdom, an increase in the inflation rate was recorded in July, which turned out to be lower than the preliminary expectations of experts interviewed by the media about the dynamic of this indicator and the forecast of the Bank of England.
Bank of England Reportedly to Kick Off Slow Cycle of Interest Rate Cuts
The media reports that currently, the dominant point of view among experts is that shortly the Bank of England is highly likely to warn investors that they should not bet on launching the process of consistently cutting interest rates if its policymakers decide this week on a sharp lowering of the cost of borrowing.
Bank of England Keeps Interest Rates at 5.25%
Last Thursday, June 20, the Bank of England, during its regular meeting, decided to keep interest rates at 5.25%.
UK Inflation Falls to 2%
In May, the United Kingdom’s inflation rate fell back against the Bank of England’s 2% target for the first time in almost three years.
Bank of England Urges UK Payment Companies to Upgrade Operational Resilience
Sasha Mills, executive director of Financial Market Infrastructure (FMI) at the Bank of England, said that much more needs to be done in the context of increasing cyberattack preparedness for companies that provide payment transaction services in the United Kingdom.
Morgan Stanley Predicts Bank of England to Cut Rates in May
Morgan Stanley experts say that there is still a possibility that next month the Bank of England will begin implementing a monetary policy easing strategy, under which interest rates will be cut.
Bank of England Governor Andrew Bailey Embraces AI
Governor of the Bank of England Andrew Bailey agrees with the opinion of the House of Lords that artificial intelligence should not be perceived as a risk to business.
Bank of England Opens Prospect of Rate Cuts in 2024
For the first time since the beginning of the coronavirus pandemic, the Bank of England opened the door to cut interest rates, confirming forecasts that the inflation rate will reach the target level in the coming spring, and warning of the likelihood of renewed price pressure.
Probability of Interest Rate Cut by Bank of England Grows
The Bank of England on Thursday, February 1, is likely to keep the interest rates at 5.25%, keeping this indicator within what can be described as sustainable stability.
Bank of England Says About Impact of Quantum Computers on Financial Markets
According to the vision of the Bank of England, super-powerful quantum computers can become a catalyst for significant innovations in financial markets.
UK Executives Urge Bank of England to Cut Rates
In the United Kingdom, the executives of local companies appealed to the Bank of England to lower interest rates shortly, arguing that this decision by the financial regulator would be able to support the country’s weakening economic system after the so-called depressed confidence turned out to be at a four-month low.
Bank of England Says About AI Risks to Finances
The Bank of England has stated the risk that the wider spread of artificial intelligence could provoke a threat to the financial system.
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