The U.K. central bank kept monetary policy unchanged on Monday, as the stronger-than-expected Conservative electoral victory refocused markets on the possible date of the first interest rate hike.
While wage growth remains low, rapidly-diminishing slack in the economy means that the Bank of England will have to hike rates soon, says Christian Schulz, senior economist at Berenberg Bank.
The U.K. central bank has owned up to a “clerical error” that caused it to publish incorrect figures on debt sales for two months.
Ross Walker, senior U.K. economist at RBS, says that the British economy looks "meaningfully weaker" than the Bank of England's indicates.
The dollar edged upward after a jump in U.S. home sales data lifted expectations Federal Reserve policymakers may soon hike interest rates.
John Wraith of UBS talks about the Bank of England and its future decisions when it comes to a rate hike, especially with expectations of a loose government coalition.
Michael Sneyd, FX strategist at BNP Paribas, says that he thinks the Bank of England will hike rates sooner than analysts predict. However, the timing depends on the U.K. election outcome, he says.
The Bank of England kept policy unchanged on Thursday, as investors focused their attention on next month’s too-close-to-call general election.
The Bank of England has kept its interest rate unchanged at 0.5 percent.
With the UK's inflation at zero, is this something to be happy about? CNBC's Catherine Boyle, says that if people are relying on a consumer-driven recovery, it's not the most secure of recoveries for the UK.
With the Bank of England meeting today, as the UK inflation hits zero, Brian Hilliard, chief UK economist at Societe Generale, talks about his expectations for today and the future of the UK economy, saying the next BoE rate hike will be in 2016.
Brian Hilliard, chief UK economist at Societe Generale, explains why he thinks there's a 25 percent chance of a "Brexit" referendum and the consequences that could come of it.
The Bank of England is warning about inabilities to buy and sell bonds, what they call market liquidity risks, reports CNBC's Michelle Caruso-Cabrera. Rick Santelli, weighs in.
The euro extended its losses against the greenback on Friday as it traded under $1.05.
The Bank of England's governor, Mark Carney, has dampened expectations of a rate hike for the U.K. Christian Keller, economist at Barclays, says Carney's in a similar situation as the U.S. Federal Reserve.
The Bank of England has announced this month's rate decision, which remains unchanged. Peter Chatwell, interest rate strategist at Mizuho International, gives his response, whilst discussing the sterling currency.
Peter Chatwell, interest rate strategist at Mizuho International,says there's room for the UK guilt curve to steepen further as political risks have not yet been factored in.
Norman Lamont, former U.K. Chancellor of the Exchequer and chairman of the Small Companies Dividend Trust, comments on the upcoming U.K. budget.
Killian Hurley, CEO of Mount Anvil, tells CNBC that London's housing market needs radical change and says supply, not demand, is the central issue.
Commenting on investigations into fraud at the Bank of England, Andrew Goodwin, senior U.K. economist at Oxford Economics says the central bank needs to be more transparent.