The Bank of England on Thursday slowed the pace of interest-rate hikes down to a half point, as the U.K. central bank balances a need to fight inflation with signs Read more
Tag: England
Bank of England interest rate hike is biggest in three decades, but dovish commentary hits the pound
The Bank of England made its largest interest-rate increase in three decades in response to inflation that the central bank still expects to accelerate. By a 7-to-2 vote, the U.K. Read more
Bank of England matches Fed with 75 basis point hike in biggest move in three decades
The Bank of England made its largest interest-rate increase in three decades in response to inflation that the central bank still expects to accelerate. By a 7-to-2 vote, the U.K. Read more
Bank of England disputes report it will further delay gilt sales
Bond yields rose on Tuesday started to rise again after the Bank of England disputed a report it will further delay its quantitative tightening program. The yield on the 30-year Read more
Bank of England disputes report it will further delay gilt sales
Bond yields rose on Tuesday started to rise again after the Bank of England disputed a report it will further delay its quantitative tightening program. The yield on the 30-year Read more
Why Kwasi Kwarteng could not survive the battle with the Bank of England
Jeremy Hunt was appointed U.K. chancellor of the exchequer on Friday after Kwasi Kwarteng was sacked in response to the market’s rebellion over his tax-cutting budget. Kwarteng lasted just 38 Read more
Why Kwasi Kwarteng could not survive the battle with the Bank of England
Jeremy Hunt was appointed U.K. chancellor of the exchequer on Friday after Kwasi Kwarteng was sacked in response to the market’s rebellion over his tax-cutting budget. Kwarteng lasted just 38 Read more
U.K. bond yields slip ahead of Friday’s deadline by Bank of England to withdraw support
The British bond market saw a moment of calm in early action on Thursday, one day ahead of a Bank of England’s self-imposed deadline to stop its support of the Read more
Traders brace for U.K. bond volatility after Bank of England stresses support will stop at end of week
Investors were braced for volatile trading in U.K. government bonds after the Bank of England stressed it would stop intervening to bolster the market as planned at the end of Read more
Pension trade body urges Bank of England to extend bond-market support until end of October
A U.K. trade body for the pensions industry has urged the Bank of England to extend its emergency action to purchase bonds to prop up the market. The Pensions and Read more