Search Results for: Bank of England
Bank of England cuts rates, and stock markets rise
March 11th, 2020
European markets opened higher on Wednesday despite a lackluster performance in Asia. Still, futures markets indicated that Wall Street could be in for a tough opening. Major indexes in London, Frankfurt and Paris opened 1.8 percent higher, shortly after ...
Bank of England released latest monetary policy; Bank Rate at 0.50%
February 9th, 2018
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 7 February 2018, the MPC voted ...
The Bank of England is Entertaining its Own Official Cryptocurrency
January 3rd, 2018
As originally reported by The Telegraph, the Bank of England may approve the creation of a state-sponsored cryptocurrency within the year. Just last year, the bank announced it had commissioned a theoretical currency, RS Coin, which could be used ...
KPMG is facing a battle to remain as auditor to the Bank of England
November 6th, 2017
KPMG is facing a battle to remain as auditor to the Bank of England as rivals plot to end its decade-long tenure in the prestigious role. Sky News has learnt that officials from Britain’s central bank contacted other accountancy ...
Bank of England increased interest rate
November 3rd, 2017
The Bank of England has issued an announcement to inform public about its monetary policy decision to increase interest rate to 0.50%. According the announcement: The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% ...
How the Bank of England could surprise currency traders on Thursday
November 2nd, 2017
Market expectations indicate a 90 percent chance that the BOE will announce a rate hike Thursday Market expectations project only one rate hike in 2018, but if inflation remains above the bank’s 2 percent target, the BOE could be ...
Bank of England announced Bank Rate held at 0.25%
September 15th, 2017
The Bank of England has issued a press release to announce monetary policy summary. According the announcement: The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that ...
Bank of England: Bank Rate held at 0.25%
August 7th, 2017
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 2 August 2017, the MPC voted ...
All Eyes are on the Bank of England; Pound Jumps vs Euro, Dollar
June 29th, 2017
Interest Rate Rise Ahead: British Pound Jumps v Euro, Dollar as Carney Joins Rush to the Exit Door of Extra-Loose Monetary Policy FX Rates 29-6-17: Pound to Dollar exchange rate today: 1.2962, week’s best: 1.2976, week’s low: 1.2706 Pound ...
Bank of England released Monetary Policy; Bank Rate held at 0.25%
May 11th, 2017
Bank of England has issued today an announcement to release a summary of its Monetary policy as it was voted in its meeting ended on 10 May 2017. Bank Rate held at 0.25%, government bond purchases at £435bn and corporate ...