In fact, so severe is the inflationary pressure that Capital Economics points out CPI is now further above the Bank of England’s target than at any point since the UK first adopted an inflation target in October 1992.
January 21,2022
Strong labour market data could offer the Bank of England confidence to raise interest rates again in February, maintaining a positive outlook for the British Pound.
January 18,2022
The British Pound was fast to appreciate in the first half of January in a move some analysts say is partly a result of a positioning adjustment on global markets, and one analyst says the move might have now run its course.
January 17,2022
Factors Behind the Pound's 2022 Rally against Euro & Dollar Can Last a While Longer.
January 18,2022
The British Pound is proving resilient in the face of rising odds the Prime Minister will be replaced.
January 13,2022
Researchers at Barclays describe the British Pound's recent performance as "resilient" as they anticipate the currency to continue outperforming key peers over coming weeks and months.
January 13,2022
The British Pound's near-term outlook remains constructive thanks to hopes UK Covid cases have peaked amidst an ongoing unwind of bets placed against the currency during the latter part of 2021.
January 13,2022
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