Bank of England Deputy Governor Dave Ramsden said he thought the floor for the central bank's key interest rate was 0.1% but ...
The Bank of England must have a "laser focus" on keeping inflation expectations in check once the COVID-19 crisis eases, the central bank's Chief Economist, Andy Haldane, said in an interview with ...
Bank of England governor Andrew Bailey has blamed Chancellor Rachel Reeves for the failure to get inflation down and prevent the Bank from cutting interest rates. He highlighted her decisions to ...
Bank of England Governor Andrew Bailey warned global investment banks against developing their own stablecoins, highlighting possible threats to financial stability. Speaking in an interview with The ...
Bank of England (BOE) governor Andrew Bailey recently warned against banks issuing stablecoins, saying that the Bank of England should focus on tokenizing deposits instead. Stablecoins introduce ...
Interest rate cuts are unlikely to take place this year, according to some of the most dovish forecasters, with City analysts split on where they will settle given the UK’s battle against high ...
There is a higher risk of a serious fall in US stocks than is currently being reflected in the market, the head of JP Morgan has told the BBC. Jamie Dimon, who leads America's largest bank, said he ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The BofE has been privately urging the banking industry to ...
Britain’s central bank is reportedly considering axing its central bank digital currency (CBDC) plans over concerns that it may not be beneficial to the bank or financial system. The Bank of England ...
What happens if you gathered nine people to vote on interest rates, but their views were so divided that there was no majority? That was the dilemma for the Bank of England when four members voted for ...
The Bank of England has completed the replacement of the UK financial system’s “beating heart”, and is making good progress in its goal of providing “silent operations”. Its replacement of the ...
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