U.K. Services Inflation Could Come in Above Forecast -- Market Talk

U.K.'s inflation data for April is likely to show that headline inflation is back to the Bank of England target of 2% while services inflation is expected to come in stronger than markets forecast, ING developed markets economist James Smith says in a note.

WSJMay 20 07:21 ET

Forex Stability Is What Japan's Manufacturers Want Most, BOJ Poll Shows

Japanese manufacturers would prefer to see the Bank of Japan (BOJ) prioritise stable currency markets as a bigger monetary policy focus than the pursuit of stable inflation and economic growth, according to a major corporate survey by the central bank.

The Edge MarketsMay 20 07:07 ET

Bank of England's Rate Decision Hinges on Services Prices -- Market Talk

Continued rapid rises in U.K. services prices would make the Bank of England think twice about cutting interest rates at its next policy meeting in June, ING economist James Smith writes.

WSJMay 20 06:29 ET

BOE's Broadbent Says UK Interest Rates May Be Cut This Summer

Bank of England Deputy Governor Ben Broadbent said UK interest rates may be cut this summer so long as economic data continues to evolve as officials expect.

BNN BloombergMay 20 05:31 ET

BOE's Broadbent Sees Possible Rate Cut "Some Time Over The Summer"

The Bank of England could cut its key interest rate over the coming months if wage growth and the rise in services prices show signs of cooling as forecast, Deputy Governor Ben Broadbent said Monday.

WSJMay 20 05:24 ET

Pound Sterling Holds Gains on Improved Market Sentiment, UK Inflation Comes Under Spotlight

The Pound Sterling (GBP) trades close to an almost two-month high around 1.2700 in Monday’s European session. The GBP/USD pair strengthens as the US Dollar (USD) is on the back foot as financial markets remain confident that the Federal Reserve (Fed) will start lowering interest rates from the September meeting.

FXStreetMay 20 04:08 ET