Each year, in the August Inflation Report, the Bank of England reviews the accuracy of the inflation forecasts made by the UK Monetary Policy Committee (MPC). Assessing the

The Bank of England caused some excitement in the bond markets this week, when one of the articles in the Quarterly Bulletin (QB) said that “…to the extent

Judging by the fevered headlines surrounding the fall in the UK’s exchange rate over the past couple of weeks, one might imagine that sterling was on the verge

In recent comments to the Treasury Select Committee on economic affairs, Mervyn King, the Governor of the Bank of England, said that "UK economic recovery would be slow

Sterling faced considerable selling pressure this week following Bank of England Governor Mervyn King’s testimony to the Treasury Select Committee on Tuesday. King’s comments weigh on sterling while equities

GBP/USD trades above $1.70 as UK economic data provide a series of upward surprises. Purchasing managers’ index (PMI) data suggested that both the manufacturing and service sectors had

The Bank of England (BoE) and the European Central Bank (ECB) are expected to leave interest rates on hold at their monthly meetings on Thursday, and we expect

As the Bank of England embarks on a £150bn programme of buying securities from the private sector that will not be financed by an equivalent issue of government

Tentative signs of stability saw a degree of risk appetite return this week, however market confidence is still fragile and volatility remains significant. Tentative signs of stability saw a