The BOE could cut rates further and boost bond purchases if the economic downturn deepens, MPC member Ian McCafferty says.
This comes ahead of a week of data likely to feed the debate on the chances of a rise in U.S. interest rates this year.
Daniel Morris, senior investment strategist at BNP Paribas, discusses central bank monetary policy and its impact on economic growth.
The Fed has said before it will require three consecutive months of strong jobs data before engendering a rate hike, says AFEX Australia's David Greene.
The U.S. dollar reversed losses to trade about a third of a percent higher Friday after the headline figure on the July employment report topped expectations.
Gold was lower Friday after the headline figure on the July jobs report topped expectations.
European stocks closed sharply higher on Friday after the U.S. added an impressive 255,000 jobs during the month of July.
Thursday’s Bank of England announcement has left analysts contemplating what it could mean for the U.K. property market.
CNBC's Gemma Acton reports on how banks have responded to the Bank of England's decision to cut interest rates by a quarter of a percent.
Mark Grant, Hilltop Securities Managing Director, discusses the Bank of England's rate cut and what it could spell for Treasurys and the Federal Reserve.
Peter Rosenstreich, head of market strategy at Swissquote Bank, talks about the main takeaways form the Bank of England’s latest policy meeting.
Asia markets closed mixed on Friday in the wake of the BOE's rate cut, with traders looking ahead to the July U.S. non-farm payrolls report.
Ewen Stevenson, CFO of RBS, discusses the possibility of charging business customers if U.K. interest rates go into negative territory.
Hans Redeker, global head of foreign exchange strategy at Morgan Stanley, comments on what the Bank of England's rate cut means for the U.K. economy.
Ewen Stevenson, CFO of RBS, comments on the bank's capital levels following stress tests and talks about the Bank of England interest rate cut.
The U.S. dollar is likely to remain rangebound, the euro looks slightly bearish while the yen looks positive, says Nikko Asset Management's Roger Bridges.
Recession risks are rising globally with high gold prices a sign that investors are worried, says Taurus Wealth Advisors' ED, Michael Preiss.
BOE's aggressive moves including the new Term Funding Scheme are pushing the sterling down, says Westpac Bank's senior currency strategist, Sean Callow.
Demand for loans remains weak and banks are under-capitalized, says Adam Posen, who was a rate-setter at the BOE between 2009 and 2012.
BOE financing is all well and good but a lack of demand remains the fundamental problem, notes John Silvia of Wells Fargo Securities.