Tag: Bank of England
UK Unemployment Climbs to 5.1% in October, Highest Since Pandemic
The UK unemployment rate increased in October while wage growth slowed, according to data released on Tuesday, strengthening expectations that the Bank of England...
UK Economy Shrinks Unexpectedly in October as GDP Falls 0.1%
The U.K. economy unexpectedly remained in contraction in October, as uncertainty ahead of the Autumn budget presented by Chancellor Rachel Reeves weighed on growth...
UK Inflation Expectations Drop Steeply to 3.7% in November
The British public’s expectations for inflation over the next year dropped to 3.7% in November, down from 4.2% in October, according to a YouGov...
UK Inflation Drops to 3.6% in October
British consumer price inflation eased to 3.6% in October, down from September’s 18-month high of 3.8%, according to official data released on Wednesday. This...
Bank of England still seen as overly cautious on stablecoins
Some experts in the crypto industry argue that the Bank of England’s newly proposed rules for stablecoins remain unnecessarily strict, despite efforts to incorporate...
BOE set to cut rates in December and again in early...
The Bank of England is expected to cut interest rates in December and again early next year, as inflation is projected to ease in...
UK Unemployment Edges Higher in September as Wage Growth Cools
UK Unemployment Rises to 5% as Wage Growth Slows, Boosting Rate Cut Hopes
The UK unemployment rate rose in September, according to official data released...
U.S. Dollar Slips, Pound Rises Ahead of Key BOE Meeting
Dollar Dips as Investors Await Bank of England Decision
The U.S. dollar edged lower on Thursday, pausing after a recent surge to multi-month highs, while...
Dollar Pauses as Traders Await Bank of England Decision
Dollar Pauses Below Multi-Month Highs as Markets Eye Bank of England Decision
The U.S. dollar held just below multi-month highs on Thursday, easing slightly as...
Dollar Stays Strong Before U.S. Data Hits
The U.S. dollar held close to a three-month high on Monday as investors awaited key data releases this week to assess the health of...
