Pound Falls as BOE Cuts Rates to 4.5%—Will More Easing Follow?
BOE cuts rates to 4.5% as U.K. growth stalls. Pound weakens, gold gains. Will policymakers signal another cut as soon as March? Read more.
GBP/USD Forecast Today 07/02: Falls On Boe Rate Cut (Chart)
During the trading session on Thursday, we have seen the British pound dropped fairly significantly against the US dollar after the Bank
GBP/USD forecast ahead of BoE interest rate decision
The GBP/USD exchange rate pulled back slightly after the Federal Reserve interest rate decision and US GDP data. It dropped to a low of 1.2400, down from this week’s high of 1.2500 as focus shifts to the upcoming US personal consumption expenditure (PCE) data and Bank of England (BoE) decision.
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
GBP/JPY Forecast Today 07/02: Drops On Boe Cut (Video)
It's been pretty ugly here on Thursday as the British Pound has fallen pretty significantly after the Bank of England cut interest rates
BOE Cuts Interest Rates. What That Means for the Dollar.
The Bank of England lowered interest rates, following the ECB. The Fed will take a different path this year. That will put upward pressure on the dollar.
Bailey: BOE Expects to Be Able to Cut Rates Further
Today, we've cut bank rate by 0.25 percentage points to 4.5%. With the progress we've made to reduce inflationary pressures in the UK economy, we've been able to take another step to make monetary policy less restrictive.
Dovish BoE officials cut rates in the face of hawkish forecasts
The BoE’s forecasts suggest a bumpy road ahead, with inflation rising to 3.7 per cent in the summer and falling back to target later than expected. It has downgraded the supply capacity of the UK economy These forecasts were based on assumptions of interest rates falling only to 4 per cent,
Bank of England expected to cut interest rates
A cut to interest rates could mean lower mortgage rates.
Pound Sterling Price News and Forecast: GBP gains against USD ahead of US NFP
GBP/USD lost its traction and dropped to a multi-day low below 1.2400 on Thursday following the Bank of England's (BoE) ...
Exchange Rates7h
Pound Euro (GBP/EUR) Exchange Rate Stumbles Following BoE Interest Rate Decision
The Pound Euro (GBP/EUR) exchange rate slumped on Thursday following the release of the Bank of England (BoE)’s latest ...
forexcrunch7h
GBP/USD Outlook: Pound Eases After Dovish BoE Cut
The GBP/USD outlook points south after an unexpected call for a more significant rate cut during the Bank of England policy ...
GBP/JPY Price Forecast: Rebounds from four-month low of 188.00
GBP/JPY recovers strongly to near 189.50 as investors digest BoE’s dovish policy outlook.
Exchange Rates7h
GBP/USD Exchange Rate Forecast: US Jobs Data To Drive Movement?
The Pound US Dollar (GBP/USD) exchange rate tumbled on Thursday as the Bank of England (BoE) released its latest interest ...
EconoTimes20h
FxWirePro: GBP/NZD moves further into bear territory as sterling slumps after BoE rate cut
GBP/NZD dropped sharply on Thursday as a dovish Bank of England rate cut heightened expectations of further cuts. The BoE cut ...
Investing1d
GBP/USD: Here's How to Trade the Pair in Light of BoE Decision
British Pound Sterling US Dollar, Workspace Group PLC. Read MarketPulse (Zain Vawda)'s latest article on Investing.com UK.
GBP/JPY dives to near 188.40 as all BoE members support 25-bps interest rate reduction
The GBP/JPY pair faces an intense sell-off and dives vertically to near 188.40 in Thursday’s North American session, the ...
EconoTimes19h
FxWirePro : GBP/AUD drops sharply as BoE cuts rates and revises growth forecasts lower
GBP/AUD declined sharply on Thursday after the BoE delivered a widely expected 25bp rate cut with dovish overtones. The Bank ...