The Bank of England has to avoid two ditches. On one side of the road is the ditch of high inflation. With UK inflation over 10% and the core at…
Short-term interest rate markets are pricing in an 84% chance of a 25bps rate hike from the BoE and another hike in the summer. The UK is fighting headline inflation…
The Bank of England had already seen the Fed’s and the ECB’s response to the banking crisis when it took its decision to hike by 25bps. The ECB hiked by…
Major central bank rundown It’s time for your central bank catch up. The link to the latest statement is at the bottom of each section, so just click there to…
Around the autumn of last year, the UK bond market was in a crisis. The cost of living, energy price surges, and uncoated tax cuts announced by the Government, sent…
Time for GBPUSD to erase the BoE’s falls? On February 2, the Bank of England made a 50bps hike as expected. However, the decision was ultimately seen as a dovish…
Heading into the meeting the Bank of England was expected to hike interest rates by 50bps to 4%. The Bank hiked with a 7-2 vote split. Two voters, Tenreyro and…
That’s what the seasonal bias says from a historical event perspective. Over the last 23 years, the seasonal pattern around a Bank of England Rate hike looks like this on…
The outlook for the UK remains bleak with the Bank of England projecting 5 quarters of recession. On top of this, the UK is in a bleak political phase. The…
Last week’s UK budget marks a return to austerity. The key sentiment of Chancellor Jeremy Hunt’s statement was that the UK now intends to live within its means. There were…