Daily Market Updates: Bank of England Preview – A Hike to Contain Inflation Risks

Forex

Home›Forex›Major Pairs›Bank of England Preview – A Hike to Contain Inflation…

Bank of England Preview – A Hike to Contain Inflation Risks

Reported · Written up by our desk · Major Pairs

Growth has surprised to the upside, and official forecasters have raised their growth forecasts for this year while pencilling in a gloomier outlook for next year, as higher energy prices hit consumers and businesses. Despite significant domestic energy production, the UK remains a net importer, so higher energy prices pose a stagflation risk. Domestic production […] The post Bank of England Preview – A Hike to Contain Inflation Risks appeared first on ActionForex .

← Newer storyU.S. Natural Gas Futures Fall in Early Trading Older story →Advanced Micro Devices' Meta Platforms Partnership Goes Beyond a $1 B…

More like this

ForexinvestingLive Americas FX news wrap 30 Oct: It’s a wrap: Nasdaq tumbles as AI costs worry investors; Fed speakers keep hikes in play

ForexGold breaks $3,886 floor to new YTD low as Fed hawks press on

ForexVietnam: Strong growth complicates inflation fight – DBS

ForexJapanese Yen holds firm after BoJ’s hawkish hold

ForexSingapore Dollar: Rebound seen relatively capped against US Dollar – OCBC

Sources

Action ForexBank of England Preview – A Hike to Contain Inflation Risks

Forex

Bank of England Preview – A Hike to Contain Inflation Risks

More like this

Sources

Get the close, explained.