A Bank of England probe has found the economy to be ‘resilient’ to interest rate hikes, with British lenders ‘strong enough’ to continue supporting hard-pressed customers.

Source: https://www.dailymail.co.uk/money/markets/article-12289981/BUSINESS-LIVE-UK-resilient-rate-hikes-Spoons-costs-ease.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Again, nothing's really priced in. We've got both the ECB and the Bank of England, possibly one, and possibly one hike each.

Source: https://seekingalpha.com/article/4633171-market-signals-to-watch-as-autumn-rolls-in?source=feed_all_articles

As a prelude, early in 1987 he instructed the Bank of England in the foreign exchange market to keep the pound’s value close to that of the German currency.

Source: https://www.theguardian.com/commentisfree/2023/apr/08/labour-still-in-thrall-to-low-tax-regime-championed-by-my-friend-nigel-lawson

As part of its bid to bring down high inflation, the Bank of England has thus far raised its key interest rate 14 times in a row to the current level of 5.25 percent, up from the previous level of 5.25 percent.

Source: https://www.chiangraitimes.com/news/inflation-in-the-uk-drops-to-lowest/

At the start of the week, there was much how the Bank of England could decide against lifting its key rate, which stands at 4.0 percent.

Source: https://www.legit.ng/business-economy/1526838-after-fed-europes-central-banks-decide-rates/

Bank of England concerns over the high level of pay awards are likely to be eased in the coming months as wage settlements fall in response to a tumbling annual inflation rate, a thinktank has said.

Source: https://biztoc.com/x/79afba555b7ab0bf?ref=ff

Bank of England Deputy Governor Jon Cunliffe at the time that multiple LDI funds would have gone bust without the intervention, leading to a “self-reinforcing spiral” and “consequent widespread financial instability.”

Source: https://fortune.com/2023/04/05/imf-shadow-banks-hold-50-percent-global-assets-vulnerable-interest-rates-inflation/

Bank of England policymakers have indicated UK interest rates will need to be kept at the current level of 5.25% for an extended period.

Source: https://www.theguardian.com/business/2023/dec/10/bank-of-england-federal-reserve-ecb-interest-rates-on-hold-inflation

Based on current forecasts from the Bank of England and the independent Office for Responsibility (OBR), the aim to halve inflation this year should be achievable.

Source: https://www.bbc.co.uk/news/uk-politics-64162849?at_medium=RSS&at_campaign=KARANGA

Britain's double-digit inflation for the consecutive month puts pressure on the Bank of England and U.K. households.

Source: https://seekingalpha.com/article/4595754-uk-inflation-continues-to-surprise?source=feed_all_articles

But the Office for National Statistics (ONS) revised up its estimate for January’s growth to 0.4 per cent from 0.3 per cent – meaning Britain is likely to avoid the first-quarter contraction that the Bank of England predicted last month.

Source: https://cyprus-mail.com/2023/04/13/strikes-weigh-on-uk-economy-which-stagnated-in-february/

Citing Andy Haldane, the former chief economist of the Bank of England, he added: "The bank is in danger of trying to squeeze the very last drops out of inflation, at the expense of avoidable misery in thousands and thousands of lives."

Source: https://www.bbc.co.uk/news/uk-wales-66154013?at_medium=RSS&at_campaign=KARANGA

Crucially, the Bank of England lacked the tools to hide the true extent of monetary inflation.

Source: https://www.lewrockwell.com/2023/04/alasdair-macleod/deflating-the-credit-bubble/

Decision makers had to make a “strong move” as they sat down and studied a surprisingly bad inflation report last week, the governor of the Bank of England has said.

Source: https://www.ledburyreporter.co.uk/news/national/23620518.bank-needed-make-strong-move-inflation-report-says-governor/?ref=rss

Decisions made by the Bank of England (60%) and the state of the global economy generally (58%) are seen to have contributed more.

Source: https://londonlovesbusiness.com/two-thirds-think-sunak-and-hunt-have-contributed-to-difficulties-facing-economy-in-the-first-place/

Despite the recent pause in interest rate hikes by the Bank of England providing some hope for relief, the market remains uncertain.

Source: https://financenews.co.uk/boe/bank-of-englands-pause-in-interest-rates-offers-potential-relief-for-stagnant-uk-housing-market-1227.html

Disastrous bank runs can snowball ‘much more quickly’ than before as customers swap messages and withdraw funds instantly, Bank of England Governor Andrew Bailey has warned.

Source: https://www.dailymail.co.uk/money/markets/article-11966003/Bailey-warns-bank-runs-snowball-faster-before.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Earlier this month, the Bank of England cut its own estimate of potential growth to just 0.7%.

Source: https://financialpost.com/pmn/business-pmn/sunaks-margin-for-uk-tax-cuts-set-to-narrow-with-deficit-jump

Economic luminaries — including former U.S. Treasury Secretary Lawrence Summers, ex-International Monetary Fund chief economist Kenneth Rogoff and former Bank of England policymaker Kristin Forbes — warned of perils ahead.

Source: https://www.japantimes.co.jp/news/2023/01/09/business/economy-business/economists-fret-global-growth/

Finance industry officials worried about London's global reputation as a financial centre after the Bank of England had to step in last September to buy government bonds to stop a rout in prices.

Source: https://gazette.com/news/us-world/new-york-holds-top-spot-london-second-in-z-yen-financial-centre-survey/article_8c44bea0-2b71-5ab8-9828-61b756566941.html