The Bank of England is the central bank of the United Kingdom; the current president, since 2003, is Mervyn King.
The role of the BoE is to promote and maintain monetary and financial stability in the UK. Among the main activities: ensuring the distribution of the pound, lending to commercial banks and implementing exchange rate policies.
Bank of England
Bank of England, ultimi articoli su Money.it International
UK GDP expands but economic uncertainty remains
Lorenzo Bagnato
12 May 2024 - 11:40
The UK economy may have avoided recession, but its problems are far from over.
When will the Bank of England cut rates?
Money.it
25 March 2024 - 15:00
The Bank of England also left interest rates unchanged, but what indications did it give about the start of cuts?
BoE leaves rates unchanged despite UK inflation dropping steadily
Lorenzo Bagnato
21 March 2024 - 17:06
The Bank of England decided to wait for interest rate cuts, even though inflation is falling faster than expected.
Weekly market movers: Fed, BoE, BoJ in focus
Money.it
30 October 2023 - 13:00
Market movers from October 30th to November 3rd: Federal Reserve in focus together with the Bank of England and the Bank of Japan.
ECB, Bank of England to assess dire economic crisis. Is the hike cycle over?
Lorenzo Bagnato
25 September 2023 - 11:54
After months of consecutive interest rate hikes, European central banks might finally end the cycle, addressing GDP contractions.
UK inflation drops, defying market expectations of BoE rate hikes
Lorenzo Bagnato
20 September 2023 - 15:18
The Bank of England will take its rate decision tomorrow, with increased wiggle room thanks to lower-than-expected inflation.
BoE continues rate hikes: UK inflation to persist until 2025
Lorenzo Bagnato
3 August 2023 - 18:40
Unlike the Federal Reserve and the European Central Bank, the BoE does not forecast a stabilization of interest rates.
Weekly market movers: calendar full of data
Money.it
31 July 2023 - 10:25
Weekly market movers from July 31st to August 4th: What’s next in the markets? Many important economic data to come.
BoE raises interest rates by whopping 0.5%, Asian stocks plummet
Lorenzo Bagnato
23 June 2023 - 12:33
Following the unexpected news from the Bank of England, Asian stocks suddenly experienced a severe drop.
UK’s best scenario occurred: protracted stagnation instead of disastrous recession
Lorenzo Bagnato
12 May 2023 - 17:18
The United Kingdom could have been the first Western economy to fall into a recession. "Luckily", their GDP stagnated instead.