Friday , 20 September 2024
Home Forex GBP/USD backslides after BoE holds rates citing concerns over sustainable inflation
Forex

GBP/USD backslides after BoE holds rates citing concerns over sustainable inflation

GBP/USD slipped lower on Thursday after the Bank of England (BoE) held rates at 5.25%, citing ongoing concerns about the central bank’s ability to sustainably keep inflation at or below the 2.0% target.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bank of Japan policy statement due soon – no change expected

The Bank of Japan policy statement is due sometime in 0230 -...

New Zealand PM Luxon says constrained by limited fiscal space

Christopher Luxon is Prime Minister of New ZealandSpeaking in a TV interview....

BOE Kept Rates at 5.00% and Emphasized Its ”Gradual” Approach to Easing

The BOE kept its interest rates at 5.00% as expected and maintained...

Bank of Canada Governor Tiff Macklem will speak on AI on Friday

1230 GMT / 0830 Eastern time:Bank of Canada Governor Tiff Macklem is...