-
Bank of England hikes rates for the first time in a decade
The Bank of England (BOE) raised interest rates for the first time in more than 10 years Thursday, a landmark move after borrowing costs had slumped to the lowest level on record. Alongside Governor Mark Carney, the majority of rate-setters at the U.K.'s central bank voted in favor of hiking the benchmark rate to 0.5 percent from 0.25 percent. The bank's key rate is crucial for the economy as it is used to price all sorts of bank loans and mortgages. Investors had widely expected a 0.25 percent move upwards in the interest rate, with the BOE now reversing the emergency rate cut announced in August last year in the ... (full story)
-
Bank Rate increased to 0.50%
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 1 November 2017, the MPC voted by a majority of 7-2 to increase Bank Rate by 0.25 percentage points, to 0.5%. The Committee voted unanimously to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £10 billion. The Committee also voted unanimously to maintain the stock of UK government bond purchases, financed by the issuance of central ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Nov 2, 2017 8:04am Nov 2, 2017 8:04am
- skillz16
- Joined Mar 2015 | Status: Member | 125 Comments
- Comment #2
- Quote
- Nov 2, 2017 8:04am Nov 2, 2017 8:04am
- nbfx
- | Joined Oct 2010 | Status: Member | 1490 Comments
- Comment #3
- Quote
- Nov 2, 2017 8:06am Nov 2, 2017 8:06am
- nbfx
- | Joined Oct 2010 | Status: Member | 1490 Comments
- Comment #4
- Quote
- Nov 2, 2017 8:07am Nov 2, 2017 8:07am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
- Comment #5
- Quote
- Nov 2, 2017 8:08am Nov 2, 2017 8:08am
- Josh657
- | Joined May 2017 | Status: Member | 86 Comments
- Comment #6
- Quote
- Nov 2, 2017 8:08am Nov 2, 2017 8:08am
- Guest
- | IP XXX.XXX.101.201
- Comment #7
- Quote
- Nov 2, 2017 8:10am Nov 2, 2017 8:10am
- skillz16
- Joined Mar 2015 | Status: Member | 125 Comments
- Comment #8
- Quote
- Nov 2, 2017 8:10am Nov 2, 2017 8:10am
- Mafia
- | Joined Jan 2013 | Status: Member | 199 Comments
- Comment #9
- Quote
- Nov 2, 2017 8:11am Nov 2, 2017 8:11am
- fxtango
- | Joined Dec 2009 | Status: Member | 12 Comments
- Comment #10
- Quote
- Nov 2, 2017 8:11am Nov 2, 2017 8:11am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
- Comment #11
- Quote
- Nov 2, 2017 8:13am Nov 2, 2017 8:13am
- skillz16
- Joined Mar 2015 | Status: Member | 125 Comments
- Comment #12
- Quote
- Nov 2, 2017 8:15am Nov 2, 2017 8:15am
- kongrit1416
- | Joined Oct 2013 | Status: Member | 148 Comments
- Comment #13
- Quote
- Nov 2, 2017 8:21am Nov 2, 2017 8:21am
- ax86
- | Joined Feb 2015 | Status: Member | 12 Comments
- Comment #14
- Quote
- Nov 2, 2017 8:27am Nov 2, 2017 8:27am
- barkie
- | Joined Mar 2014 | Status: Member | 1647 Comments
- Comment #15
- Quote
- Nov 2, 2017 8:30am Nov 2, 2017 8:30am
- Stubborn
- Joined Apr 2016 | Status: Dumbest Trader ever | 138 Comments
- Comment #16
- Quote
- Nov 2, 2017 8:36am Nov 2, 2017 8:36am
- JamesTP
- | Joined Feb 2017 | Status: Junior Member | 5 Comments
- Comment #17
- Quote
- Nov 2, 2017 8:36am Nov 2, 2017 8:36am
- mades
- | Joined Jul 2007 | Status: Member | 62 Comments
- Comment #18
- Quote
- Nov 2, 2017 8:36am Nov 2, 2017 8:36am
- fundoomaster
- | Joined Jul 2017 | Status: Member | 4 Comments
- Comment #19
- Quote
- Nov 2, 2017 8:41am Nov 2, 2017 8:41am
- Guest
- | IP XXX.XX.6.251
- Comment #20
- Quote
- Nov 2, 2017 8:45am Nov 2, 2017 8:45am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
- Comment #21
- Quote
- Nov 2, 2017 8:45am Nov 2, 2017 8:45am
- safdarhashmi
- | Joined Mar 2011 | Status: Member | 590 Comments
- Comment #22
- Quote
- Nov 2, 2017 8:47am Nov 2, 2017 8:47am
- dulz28
- | Joined Dec 2014 | Status: Junior Member | 1 Comment
- Comment #23
- Quote
- Nov 2, 2017 8:48am Nov 2, 2017 8:48am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
- Comment #24
- Quote
- Nov 2, 2017 8:49am Nov 2, 2017 8:49am
- fundoomaster
- | Joined Jul 2017 | Status: Member | 4 Comments
- Comment #25
- Quote
- Nov 2, 2017 8:52am Nov 2, 2017 8:52am
- amateurme
- | Joined Nov 2016 | Status: Member | 22 Comments
- Comment #26
- Quote
- Nov 2, 2017 8:55am Nov 2, 2017 8:55am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
- Comment #27
- Quote
- Nov 2, 2017 8:56am Nov 2, 2017 8:56am
- dangphuoctu
- | Joined Oct 2017 | Status: Member | 18 Comments
- Comment #28
- Quote
- Nov 2, 2017 8:57am Nov 2, 2017 8:57am
- kylintz
- | Joined Feb 2014 | Status: Member | 7 Comments
- Comment #29
- Quote
- Nov 2, 2017 9:00am Nov 2, 2017 9:00am
- fundoomaster
- | Joined Jul 2017 | Status: Member | 4 Comments
- Comment #30
- Quote
- Nov 2, 2017 9:16am Nov 2, 2017 9:16am
- johNal
- | Joined Mar 2012 | Status: Member | 34 Comments
- Comment #31
- Quote
- Nov 2, 2017 9:21am Nov 2, 2017 9:21am
- shabirsaleem
- | Joined Sep 2016 | Status: Kill your emotions, when trading FX | 6 Comments
- Comment #32
- Quote
- Nov 2, 2017 9:24am Nov 2, 2017 9:24am
- Comando
- | Joined Jun 2017 | Status: Junior Member | 4 Comments
- Comment #33
- Quote
- Nov 2, 2017 9:29am Nov 2, 2017 9:29am
- spitfire147
- | Joined Sep 2017 | Status: Junior Member | 2 Comments
- Comment #34
- Quote
- Nov 2, 2017 9:55am Nov 2, 2017 9:55am
- cblack
- | Joined Jun 2008 | Status: Member | 15 Comments
- Comment #35
- Quote
- Nov 2, 2017 9:58am Nov 2, 2017 9:58am
- sam7171
- Joined Jun 2012 | Status: Member | 27 Comments
- Comment #36
- Quote
- Nov 2, 2017 10:09am Nov 2, 2017 10:09am
- fundoomaster
- | Joined Jul 2017 | Status: Member | 4 Comments
- Comment #37
- Quote
- Nov 2, 2017 10:47am Nov 2, 2017 10:47am
- denisius
- Joined May 2017 | Status: Member | 40 Comments
- Comment #38
- Quote
- Nov 2, 2017 11:03am Nov 2, 2017 11:03am
- WhiteMouseFX
- | Joined Sep 2016 | Status: Eyes on the big moves :-P | 344 Comments
- Comment #39
- Quote
- Nov 2, 2017 11:19am Nov 2, 2017 11:19am
- kylintz
- | Joined Feb 2014 | Status: Member | 7 Comments
- Comment #40
- Quote
- Nov 2, 2017 11:20am Nov 2, 2017 11:20am
- WhiteMouseFX
- | Joined Sep 2016 | Status: Eyes on the big moves :-P | 344 Comments
- Comment #41
- Quote
- Nov 2, 2017 11:33am Nov 2, 2017 11:33am
- fx7
- | Joined Sep 2017 | Status: Junior Member | 7 Comments
- Comment #42
- Quote
- Nov 2, 2017 11:39am Nov 2, 2017 11:39am
- Stubborn
- Joined Apr 2016 | Status: Dumbest Trader ever | 138 Comments
- Comment #43
- Quote
- Nov 2, 2017 12:00pm Nov 2, 2017 12:00pm
- Guest
- | IP XX.XXX.125.53
- Comment #44
- Quote
- Nov 2, 2017 12:01pm Nov 2, 2017 12:01pm
- Guest
- | IP XX.XXX.125.53
- Comment #45
- Quote
- Nov 2, 2017 12:22pm Nov 2, 2017 12:22pm
- stormtrader
- Joined Nov 2008 | Status: Member | 58 Comments
- Comment #46
- Quote
- Nov 2, 2017 2:00pm Nov 2, 2017 2:00pm
- Mingary
- Joined Mar 2011 | Status: I should be on your ignore list | 2344 Comments
- Comment #47
- Quote
- Nov 2, 2017 4:17pm Nov 2, 2017 4:17pm
- digit1288
- | Joined Sep 2016 | Status: Member | 278 Comments
- Comment #48
- Quote
- Nov 2, 2017 8:52pm Nov 2, 2017 8:52pm
- johNal
- | Joined Mar 2012 | Status: Member | 34 Comments
- Comment #49
- Quote
- Nov 2, 2017 10:32pm Nov 2, 2017 10:32pm
- digit1288
- | Joined Sep 2016 | Status: Member | 278 Comments
- Comment #50
- Quote
- Nov 3, 2017 1:14am Nov 3, 2017 1:14am
- bloodpoodle
- Joined Dec 2010 | Status: Member | 112 Comments
- Comment #51
- Quote
- Nov 3, 2017 6:12am Nov 3, 2017 6:12am
- Brotyboy
- | Joined Jul 2009 | Status: Caldy Bunt | 159 Comments
- Comment #52
- Quote
- Nov 3, 2017 8:24am Nov 3, 2017 8:24am
- Zillionaire
- | Joined Sep 2017 | Status: Member | 61 Comments