20:13:38
Market news: The British Navy received a report of an accident near the Bab el-Mandeb Strait.
20:09:21
British money markets have reduced their bets on a rate cut by the Bank of England and now expect a rate cut of 107 basis points by December 2024, compared with 115 basis points before the Bank of England rate decision.
20:06:53
UK money markets have reduced their bets on a Bank of England interest rate cut in 2024 and are now fully pricing in the first rate cut taking place in June next year instead of May.
20:06:17
Bank of England: Bank of England monetary policy members Megan Greene, Haskell and Mann voted in favor of raising interest rates by 25 basis points.
20:05:05
Bank of England: Bank of England Governor Bailey said that we will take necessary measures to restore CPI to 2%.
20:03:47
Bank of England: Staff initially estimate that the November fiscal plan will increase gross domestic product (GDP) by about 0.25% in the next few years.
20:03:34
Bank of England: The fall in services sector inflation was caused by items that may not reflect underlying trends.
20:03:07
Bank of England: Government bond yields have fallen "significantly" since the November meeting.
20:02:56
Bank of England: UK inflation persistence indicator is higher than other major developed economies.
20:02:33
Bank of England: Most people believe that it is too early to conclude that service sector inflation and wage increases are headed downward.
20:02:19
Bank of England: Key indicators of inflation persistence remain elevated.
20:02:11
Bank of England: The economy is expected to be "broadly flat" in the fourth quarter and the coming quarters.
20:02:01
Bank of England: Events in the Middle East may push inflation higher than expected.
20:01:57
Bank of England: If there is evidence of sustained high inflation, further tightening measures will be needed.
20:01:49
Traders reduced expectations for a rate cut from the Bank of England, which is expected to be 113 basis points next year.
20:01:38
The euro against the pound EUR/GBP fell more than 20 points in the short term and is now at 0.8608.
20:01:35
Bank of England: Policy needs to remain restrictive enough and last long enough.
20:00:49
Bank of England: 0 members voted for a rate cut.
20:00:37
Bank of England: Fiscal stimulus measures boost demand and supply.
20:00:26
Bank of England: Bank of England Governor Bailey said there is still some way to go in the fight against inflation.