Will the Bank of England cut interest rates in June or August? We'll probably find out tonight!

Will the Bank of England and the European Central Bank “rush” the Federal Reserve? Be sure to keep an eye out for these clues tonight...

Golden10 Data41minutes ago

BoE Set to Leave Interest Rates Unchanged Amid Increasing Expectations of Cuts

The Bank of England (BoE) is set to hold its policy rate flat for a sixth meeting in a row on Thursday amid persistent disinflationary pressure in the UK and investors’ repricing of interest rate reductions earlier than anticipated.

FXStreet46minutes ago

EUR/GBP Extends the Rally Above 0.8600, All Eyes on the BoE Rate Decision

The EUR/GBP cross extends its upside around 0.8605 during the early Europen trading hours on Thursday. The cross edges higher for the third consecutive day ahead of the Bank of England (BoE) interest rate decision. Traders are betting the Bank of England (BoE) could cut the interest rate before the European Central Bank (ECB), which weighs on the Pound Sterling (GBP) against the Euro (EUR).

FXStreet13:28

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