Bank of England

BoE fails to underpin GBP despite warning about rate rise

I can’t exactly say the markets were excited about the Bank of England’s “Super Thursday,” given the lack of any significant move in the pound ahead of the meeting. No one was expecting any changes to interest rates or QE, and so it proved. But traders were waiting to hear any signs of subtle shifts in thinking among the rate-setting committee, either in the accompanying minutes or the quarterly inflation report.


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The World Interest Rates Table

The World Interest Rates Table reflects the current interest rates of the main countries around the world, set by their respective Central Banks. Rates typically reflect the health of individual economies, as in a perfect scenario, Central Banks tend to rise rates when the economy is growing and therefore instigate inflation.

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