The Bank of England's interest rate decision hits tonight, and the market is concerned about whether it will release a stronger dovish signal

Bank of England Governor Bailey will hold a press conference after the interest rate decision is announced. At that time, it may send a stronger signal to the market, suggesting when the Bank of England can lower the benchmark interest rate from its highest level in 16 years.

Zhitong Finance16minutes ago

ECB Governing Council Wunsch: Inflation prospects are still at risk

European Central Bank Governing Council member Pierre Wunsch still believes consumer prices are at risk, including weakening the euro if the Eurozone's monetary policy deviates too far from the US. Although the Eurozone may start cutting interest rates this year, the Belgian central bank governor is urging caution. He said there are still significant risks to the wage growth trajectory and inflation in wage-intensive services. “This is not the time to commit to a defined course of action,” he said. Speaking at the Central Bank Center in Frankfurt on Wednesday, Wunsch said, “One known unknown factor is still the influence of exchange rates and

環球市場播報May 8 09:58 ET

German Industry Won't Help Economic Growth in Coming Months -- Market Talk

German industrial production might continue to weaken in the coming months, with incoming orders still subdued, before a mild recovery in the second half of 2024, according to Commerzbank economist Ralph Solveen.

WSJMay 8 05:47 ET

Rental costs are soaring! Major central banks face stubborn obstacles to curbing inflation

In the US, the UK, Canada, and Australia, rapidly rising housing costs — which weigh heavily in the consumer price index basket — are preventing inflation from falling back to the central bank's target level.

Zhitong FinanceMay 7 23:22 ET

ECB's Nagel Says Structural Forces Could Keep Inflation Higher

European Central Bank Governing Council member Joachim Nagel said forces including geopolitics and decarbonization could keep consumer-price growth elevated in the years ahead.

BNN BloombergMay 7 11:58 ET

Analysts dig deep: The Bank of England's interest rate cut strategy and the future direction of the British pound!

Amid the tide of global financial markets, the future trend of the British pound has become the focus of investors' attention. As the Bank of England's possible interest rate cut path gradually becomes clear, and global market dynamics continue to evolve, this article will provide a comprehensive perspective, explore in depth the prospects of the British pound, analyze the Bank of England's policy expectations, and how these decisions interact with global market trends.

FX678 FinanceMay 7 08:11 ET