20:03:47
Bank of England: Based on market interest rates and model forecasts, inflation is expected to be 2.3% in two years (November forecast was 1.9%).
20:03:36
The Bank of England no longer says that "if there is evidence of more persistent inflationary pressures, further tightening of monetary policy will be necessary."
20:03:27
Bank of England: Based on market interest rates and model forecasts, inflation is expected to be 2.8% in one year (November forecast was 3.1%).
20:03:10
Bank of England: Since last autumn, we have judged that monetary policy needs to remain tight for an extended period.
20:02:37
Bank of England: The Monetary Policy Committee will ensure that bank interest rates "remain restrictive for a sufficient period of time to enable inflation to return to the 2% target sustainably over the medium term."
20:02:33
The Bank of England guidance removed language on the risks of further tightening.
20:02:09
Bank of England: Monetary policy members Haskell and Mann voted in favor of raising interest rates by 25 basis points.
20:01:37
After the announcement of the Bank of England interest rate decision, the pound against the US dollar GBP/USD rose nearly 30 points in the short term and is now at 1.2646.
20:01:18
Bank of England: Monetary Policy Member Dhingra voted to cut interest rates by 25 basis points.
20:01:15
Bank of England: Based on market interest rates, GDP growth is expected to be 0.25% in 2024 (November forecast is 0%), 0.75% in 2025 (November forecast is 0.25%), and 1% in 2026 (November forecast is 0.75%) .
20:01:08
Bank of England: Based on market interest rates and model forecasts, inflation is expected to be 2.3% in two years (November forecast was 1.9%).
20:01:00
Bank of England: Bank of England Governor Bailey said more evidence is needed before cutting interest rates.
20:00:39
Bank of England: The Monetary Policy Committee voted 6-3 to adopt this interest rate decision (consistent with the December vote).
20:00:05
[The Bank of England remains unchanged as scheduled] The Bank of England kept its benchmark interest rate unchanged at 5.25% for the fourth consecutive time, in line with market expectations.
19:51:40
Spanish Automobile Industry Association (ANFAC): Spain’s new car sales increased by 7.3% year-on-year in January.
19:50:00
The Bank of England will announce its interest rate decision, meeting minutes and monetary policy report in ten minutes.
19:47:59
ECB Chief Economist Lane: Wage growth is still expected to drive economic recovery.
19:36:45
Lane, chief economist of the European Central Bank: Given that shipping costs contribute little to inflation, the Red Sea issue is relatively under control.
19:34:40
Sources: The OPEC+ Joint Ministerial Monitoring Committee (JMMC) will hold its next meeting on April 3.
19:27:26
Sources: The OPEC+ Joint Ministerial Monitoring Committee (JMMC) has not made any recommendations on oil production policy.