Pound under pressure from lower inflation. Will the BoE accelerate the easing of monetary policy?
The beginning of Wednesday's session on financial markets is not favorable for the British pound. Lower CPI data from the UK combined with higher inflation readings in the US push the GBP/USD pair down. Policy [...]
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6 February 2024
A reduction in interest rates in March is practically excluded
An interest rate cut by the Fed in March is virtually ruled out. Powell indicated during a weekend interview that March was an unlikely date, which was also confirmed by statements from other [...]
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August 4 2023
The Bank of England has not said the last word
The Bank of England raised interest rates for the 14th time. This time the move was smaller than the previous one and amounted to 25 basis points. It can be said that part of the market was disappointed with the smaller step than before. The pound lost [...]
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August 3 2023
A quarter or a half - how much will the Bank of England raise the interest rate?
European markets went through another tough session, weighed down by concerns about weaker-than-expected economic activity, which in turn raises concerns about earnings growth in the second half of the year. Add to this the rating downgrade [...]