The Bank of England's interest rate decision hits tonight, and the market is concerned about whether it will release a stronger dovish signal

Bank of England Governor Bailey will hold a press conference after the interest rate decision is announced. At that time, it may send a stronger signal to the market, suggesting when the Bank of England can lower the benchmark interest rate from its highest level in 16 years.

Zhitong Finance09:34

Express News | The Bank of England is expected to stand still and is expected to send a stronger signal on when to cut interest rates

Breakings07:45

Express News | The Bank of England may be closer to cutting interest rates for the first time since 2020

Breakings07:17

Canadian Dollar Claws Back Ground on Data-light Wednesday

Canadian Dollar rebounds after previous day’s downside.

FXStreet00:40

BOE to Keep Rates Unchanged This Month. It May Still Cut Sooner Than Fed. -- Barrons.com

"Too soon but getting closer. That is the message that we expect the Bank of England to send," said Matthew Landon, a strategist at J.P. Morgan Private Bank.

Barron'sMay 8 23:44

Institutions: The Bank of England may start cutting interest rates later than expected by the market

Greenway, May 8 | Jessica Shuman, a senior investment expert at Insight Investment, said in a report that the Bank of England may start cutting interest rates later, and the rate cut may be smaller than what the market currently expects. She said, “We have long believed that the current easing cycle will be later and shallower than many people expected, and that the inflation rate may rise structurally in the next 10 years.”

Gelonghui FinanceMay 8 21:14