Tag: monetary policy committee

GBP/USD: Cable Edges Higher as BOE Keeps Rate at 0.5%

Cable edged higher Thursday, but gains were limited after the Bank of England lowered its third quarter GDP forecast, citing underlying risks in China...

GBP/USD Rebounds amid Unanimous BOE Rate Vote

GBP/USD rallied on Wednesday following sharp losses earlier in the week, as the Bank of England stood firmly against raising interest rates at this...

BOE Keeps Monetary Policy Unchanged

The Bank of England held monetary policy steady in April, as policymakers continued to monitor the path of inflation just days after the Conservative...

GBP/USD Surpasses 1.50

The GBP/USD surged on Wednesday, climbing to its highest level since early March following unexpected dissent at the Bank of England. The GBP/USD traded at...

Bank of England Unanimous in Holding Interest Rates

The Bank of England’s rate setting body was unanimous in holding interest rates at record lows in April, although showed more optimism about the...

UK Fourth Quarter GDP Revised Upward

UK gross domestic product rose faster than initially forecast in the fourth quarter, a sign the economy was progressing briskly amid regional volatility and...