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.
STOXX Europe 600, BoE
British companies' expectations for wage growth fell marginally in January and expectations for employment growth also ...
The Bank of England could cut interest rates only twice more, including once at this week’s meeting, pausing rate reductions ...
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, ...
Bank of England Governor Andrew Bailey and other senior officials are due to hold a press conference at 1230 GMT.
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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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