U.K. Inflation Rises Ahead of BOE Rate Call
Inflation accelerated again in August to its highest level since March, keeping price pressures well above the Bank of England's target ahead of a rate decisio…

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Inflation accelerated again in August to its highest level since March, keeping price pressures well above the Bank of England's target ahead of a rate decisio…
A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government de…

The British pound has benefited from a resilient economy and rate hike expectations, but the BOE looks increasingly dovish while a crucial budget lies ahead.

Businesses expect the prices they charge to rise by 3.8% over the coming 12 months, a decrease from the 3.9% expected in July.
The Bank of England should raise its key interest rate to limit the risk that inflation will stay above its target for a prolonged period, Chief Economist Huw…
The Fed and BOE are both expected to leave rates unchanged but the focus is on whether they will leave the door open to the possibility of hikes later this yea…
U.K. businesses polled in May expected to raise their prices at a faster rate, but wage increases were seen slowing, according to a Bank of England survey rele…
A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation.

The case for raising rates, which were left unchanged in April, grows stronger the longer the conflict in the Middle East continues, said Megan Greene.
The UK central bank said digital money should remain trusted and interoperable as it weighs stablecoin reforms and near-24/7 settlement to support tokenized ma…

Both the ECB and BOE, facing a mix of weaker growth and higher inflation, held interest rates steady.
Investors' expectations of Bank of England policy changes have moved into closer alignment with the likely path of interest rates, a member of the Monetary Pol…
High energy prices have stoked inflation fears that could force the Bank of England to increase rates even as the economy struggles.
Much of that decline in inflation was due to government measures to lower energy prices, rather than economic developments, according to the central bank's chi…
The central banks are set to leave rates unchanged Thursday, as they consider the impact of a weaker dollar and an influx of cheap Chinese imports on the outlo…
The parliamentary inquiry comes as regulators warn that stablecoins could drain bank deposits and reshape payments.

Trump has repeatedly demanded the Fed lower interest rates, criticizing its Chair Jerome Powell for being too late.
Bailey said markets were less volatile than might have been expected but added policymakers must keep a close eye on developments.
Prices cooled more than expected in November, keeping the Bank of England on course for a fourth interest-rate cut of the year.
Five of Europe's central banks will announce policy decisions Thursday, but only one is expected by investors to mirror the Federal Reserve.

Economic activity dipped 0.1% on month in October. Economists polled by The Wall Street Journal had expected an increase.

The settlement lays to bed a drawn out, three-year fight between Samsung's display division and BOE, both of whom supply display panels used in Apple's iPhones.

Rate-setter Alan Taylor said there is a small but growing possibility that the U.K. economy is heading for recession, due in part to overly high borrowing cost…
The Bank of England should keep its key rate high so as to foster conditions for future growth, rate-setter Catherine L. Mann said.
The recent pickup in inflation, which is projected to hit 4% this month before declining, is unlikely to have long-lasting consequences, said Sarah Breeden.
The Bank of England can continue to lower its key interest rate while bringing inflation down to its 2% target, deputy governor Dave Ramsden said.
The jobless rate was flat in the three months to July, the same as during the three months to both May and June.
Expectations for BOE rate cuts look too conservative, leaving sterling vulnerable, UBS Global Wealth Management's Dominic Schnider said.
U.K. consumers felt a little better about their finances this month as the Bank of England lowered borrowing costs, though sentiment remains weak amid wider ec…
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