Bank of England

Pound Sterling extended its recovery against the Euro, Dollar and other currencies after the Bank of England's Chief Economist made it quite clear the outlook for UK monetary policy had not changed significantly in the recent path.

The Bank of England's Jonathan Haskel says there is still more work to be done in order to get inflation to the 2.0% target on a sustained basis.

Pound Sterling fell after Bank of England Monetary Policy Committee member Dave Ramsden raised the odds of June rate cut.

Pound Sterling failed to capitalise on the above-consensus midweek inflation figures thanks to comments made by Bank of England Governor Andrew Bailey, who signalled he is intent on cutting interest rates soon.

Another member of the Bank of England's Monetary Policy Committee (MPC) has cautioned the market against betting on imminent interest rate cuts.

There are further signs that inflation expectations at UK businesses continue to decline, boosting bets that the Bank of England can cut interest rates in June.

The Bank of England still has some distance to go before cutting interest rates, says a member of the MPC.

The British Pound has found an interim floor against the Euro and Dollar, aided by some relatively 'hawkish' commentary from Bank of England MPC member Catherine Mann.

A leading investment bank says there is a 50/50 chance the Bank of England cuts interest rates in May.

The British Pound fell after the Bank of England took a small step closer to cutting interest rates, however, weakness will be limited as the Bank continues to warn about inflationary risks and a need to be patient.

Pound Sterling extended its short-term decline against the Euro but was steadier against a broadly weaker Dollar after the Bank of England Governor Andrew Bailey said the bank could cut interest rates before inflation fell to the 2.0% target.

The Bank of England will cut interest rates in August, say economists, a prediction that is at odds with financial markets that still see a decent shot of a May rate cut.

Money market pricing has shown investors are less expectant of an early rate cut from the Bank of England, confirming Thursday's policy decision to have landed on the 'hawkish' end of the spectrum.

The British Pound was under pressure into the Bank of England's February update but recovered after policymakers let it be known it was no closer to cutting interest rates.

Global investors are resigning themselves to a dawning reality that it might not be until mid-year that the Bank of England, U.S. Federal Reserve and European Central Bank cut interest rates.

Bank of England rate cut bets have surged in the wake of December's inflation release that showed price pressures were easing rapidly in the UK.

The British Pound rose against the Euro and Dollar after the Bank of England made it clear it was in no mood to entertain thoughts of interest rate cuts.

Jonathan Haskel is the latest member of the Bank of England to warn there is no prospect of a rate cut over the coming months as the UK's labour market remains too "tight".

The Bank of England's Governor Andrew Bailey warned that interest rates would not be cut "in the foreseeable future" as he expressed concern that inflation will prove sticky below 4.0%.

The British Pound advanced against the Euro, Dollar and other currencies after Bank of England Governor Andrew Bailey and two other policymakers told the Treasury Select Committee there was a case for Bank Rate to be paused at 5.25% for an "extended Period".