In a world preoccupied by crises, the global economy has taken something of a back seat. But there are signs it is in trouble despite being awash with cash from low interest rates.» Read More
David Owen, chief European economist at Jefferies International, says that the U.K. inflation data "is undershooting" the Bank of England's expectations and discusses the timing for a rate hike.
Valentin Marinov, director of FX strategy at Citi, says the Bank of England will raise interest rates in November, though better data out of the U.K. could bring the hike forward.
The dollar was up around a third of a percent against the yen as markets listened to the Bank of Japan's latest comments on policy on Friday.
The Bank of England may hike rates earlier than expected, says Mark Carney, governor of the Bank of England, but the decision will be data-dependent.
Simon Derrick, chief currency strategist at BNY Mellon, says the cost of living crisis has been "the number one issue" for the U.K. economy and discusses the Bank of England's guidance.
Dominic Bunning, Currency Strategist at HSBC, discusses how Mark Carney's comments about a sooner-than-expected. rate hike can impact various currencies.
British finance minister George Osborne gave the BoE stronger powers to curb mortgage lending and reduce the risks of the housing market.
The Europeans need to build confidence back into the system, says Charles Kantor, Neuberger Berman, talking with Brian Belski, BMO Capital Markets, about what the ECB needs to do to boost the euro zone economy.
David Bloom, global head of foreign exchange strategy at HSBC, says that the U.K. "rosy environment" is priced in and that it is not the "fantastic story" people think it is.
CNBC's Michelle Caruso-Cabrera reports on whether ECB President Mario Draghi is likely to unveil stimulus measures that will give the euro zone economy a lift.
Lucian Cook, head of residential research at Savills and James Sproule, chief economist at the Institute of Directors, discuss the U.K. housing market and the impact BoE measures have had or could have.
Investors should expect the housing market to be in focus at the Bank of England's June meeting, but a rate hike is not on the cards, CNBC's Helia Ebrahimi reports.
The U.K. economy will expand at its fastest rate this year since 2007, according to forecasts by the BCC out on Friday.
Speculation over when Bank of England will raise rates has started to loom but investors are not preparing for a decision any time soon.
Adam Cole, head of currency strategy at RBC, says he is "constructive" on sterling.
Philip Shaw, chief economist at Investec, and Edmund Shing, global equity portfolio manager at BCS Financial Group, discuss the U.K. economy and how there is still slack in the labor market.
The euro steadied against the dollar on Wednesday and rebounded from a 16-month trough against the British pound.
Marc Ostwald, strategist at Monument Securities, comments on the Bank of England's Inflation Report, saying the bank has a "steady hand" and looks at the breakdown of unemployment "very closely."
Mark Carney, governor of the Bank of England, discusses the impact of the exchange rate on the U.K. recovery.
The U.K. economy continues to face headwinds as the financial sector heals and private and public sector balance sheets continue to be repaired, says Mark Carney, governor of the Bank of England.