GBP/USD
GBP/USD
1.3555
+0.11% (+0.0014)
Updated 09:40 PMGBP/USD
GBP/USD
1.3555
+0.11% (+0.0014)
Updated 09:40 PMGBP/USD
1.3555
+0.11% (+0.0014)
Updated 09:40 PM
Overview
Bailey is linking bond-market rate expectations directly to fears of another energy price shock. That suggests policymakers see energy costs, not just wages or demand, as a key driver of the current inflation outlook.
Updated 08:46 PM
High confidence09/08, 09:23 PM
BoE Governor Bailey said the labour market is softening and the hiring rate is lower.
Affected assets
FinancialJuice
09/08, 09:23 PM
Related updates
FinancialJuice·09/08, 08:43 PM
Bank of England Governor Bailey said risks to inflation are skewed to the upside.
FinancialJuice·09/08, 07:36 PM
A poll found all 65 surveyed economists expect the Bank of England to hold its bank rate at 3.75% in September.
FinancialJuice·09/03, 10:01 PM
BoE Deputy Governor Huw Pill said his own analysis points to a need to raise the bank rate to 4%.
Jin10·09/01, 05:17 PM
eToro strategist Lale Akoner said UK borrowing costs have risen to multi-year highs, with the 30-year gilt yield hitting 5.904% intraday (highest in over 28 years) and the 10-year yield reaching 5.255% (highest since 2008), adding pressure to UK public finances.
FirstSquawk·09/01, 05:05 PM
Traders are pricing a 50-basis-point Bank of England rate hike by February.