Bank of England — page 2

Pound climbs after UK growth beats expectations, powered by AI and tech boom

The UK's unexpected growth, driven by AI and tech, may prompt the Bank of England to adopt a more hawkish stance on interest rates.

CryptoBriefing•Editorial Team11 Sept

Ex-BoE deputy governor headlines trio of former central bankers joining Fnality

Jon Cunliffe, Jochen Metzger and Ron Berndsen join Fnality Europe’s supervisory board as the company works to expand beyond its sterling payment system.

Cointelegraph•Cointelegraph by Yohan Yun10 Sept

Former BoE, Bundesbank officials join blockchain payments firm Fnality

Former Bank of England and Bundesbank officials have joined Fnality’s UK and European boards as the bank-backed blockchain payments company prepares to expand its central bank money settlement network beyond sterling. Fnality said Thursday that former Bank of England Deputy…

Crypto.news•Rony Roy10 Sept

Traders expect up to four BOE rate hikes and two more ECB hikes by 2027

Persistent inflation and geopolitical tensions may lead to tighter monetary policies, impacting bond markets and currency valuations in Europe.

CryptoBriefing•Editorial Team9 Sept

Bank of England’s Bailey says UK not on verge of recession

The UK's modest growth and structural challenges highlight the need for long-term solutions beyond monetary policy to boost economic resilience.

CryptoBriefing•Editorial Team8 Sept

Bank of England revises QT impact on gilt yields upward, but the effect remains surprisingly small

The BoE's cautious QT approach highlights its focus on market stability, underscoring the complexity of balancing monetary policy impacts.

CryptoBriefing•Editorial Team8 Sept

Bank of England’s Ramsden warns of rising global inflation risks

Rising global inflation risks could strain economies, complicate monetary policies, and challenge efforts to stabilize domestic markets.

CryptoBriefing•Editorial Team8 Sept

Bank of England’s Huw Pill says Iran war has not de-anchored inflation expectations

Despite rising energy prices due to the Iran conflict, anchored inflation expectations suggest the UK may avoid entrenched inflationary pressures.

CryptoBriefing•Editorial Team3 Sept

Bank of England’s Pill warns labor market slack won’t kill inflation risk

Despite a looser labor market, persistent inflation risks could destabilize economic recovery, challenging monetary policy effectiveness.

CryptoBriefing•Editorial Team3 Sept

Bank of England’s Pill advocates for prompt rate increase to 4%

A prompt rate hike to 4% could stabilize inflation expectations but risks economic strain, impacting currency strength and investment flows.

CryptoBriefing•Editorial Team3 Sept

Bank of England’s Mann links Q1 wage negotiations to prior inflation, signaling hawkish stance on rates

Mann's insights suggest persistent inflation could lead to sustained wage growth, complicating the Bank of England's future rate decisions.

CryptoBriefing•Editorial Team1 Sept

Bank of England’s Mann notes slight increase in economic activity since last MPC meeting

Bank of England hawk Catherine Mann flags slightly stronger economic activity ahead of the September MPC rate decision, keeping a potential hike

CryptoBriefing•Editorial Team1 Sept

Bank of England warns AI models threaten global economy

Bank of England governor Andrew Bailey warned G20 leaders that frontier AI models threaten global financial stability, urging stronger

CryptoBriefing•Editorial Team31 Aug

Bank of England’s Bailey praises ‘real substance’ of Fed Chair Warsh’s speech

Warsh's shift towards flexible Fed communication could enhance policy adaptability, impacting global market expectations and central bank strategies.

CryptoBriefing•Editorial Team28 Aug

UK Gives Bank of England New Stablecoin Innovation Mandate

The U.K. government plans to give the Bank of England a new secondary objective to support innovation in payments, including stablecoins and other forms of digital settlement. Financial stability will remain the central bank’s primary mandate. Lucy Rigby Backs New Bank of England Mandate for Digital Finance The U.K. is moving to give the Bank […]

Bitcoin.com News•Emmanuel Musa28 Aug

Bank of England set for new innovation mandate covering stablecoins

The UK plans to expand the Bank of England’s remit to support digital payments innovation, including stablecoins, while keeping financial stability first.

Cointelegraph•Cointelegraph by Helen Partz27 Aug

Bank of England Handed New Legal Duty to Foster Stablecoin Innovation

Financial stability stays the Bank's primary objective, with the new duty written into a bill due before the Lords in September.

Decrypt•Decrypt Agent27 Aug

Bank of England gets new stablecoin innovation goal

Britain plans to give the Bank of England a secondary stablecoin innovation objective while keeping financial stability its primary duty.

Crypto.news•Olivia Stephanie27 Aug

Britain plans new Bank of England objective for stablecoins

CoinDesk•AI Boost27 Aug

UK government ministers urge Bank of England to enhance digital currency innovation

The UK's push for digital currency innovation could redefine its financial landscape, impacting global competitiveness and monetary policy.

CryptoBriefing•Editorial Team26 Aug