Bank of England hikes Official Bank Rate

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The Bank of England has once again hiked its base interest rate. Official Bank Rate has been increased from 4.00% up to 4.25%, as the market expected.

In the meantime, note that seven out of the nine BOE Monetary Policy Committee members voted for the 0.25% rate hike. Two members voted to keep interest rates intact.

Back to articles

Actual Topics

Fri, 31 Mar 2023 12:46:59 GMT

US Core PCE Inflation impacts markets

At 12:30 GMT, the US Bureau of Economic Analysis released the United States Core Personal Consumption Expenditures. The market consensus was that the price would have increased by 0.4% on a month on month basis. However, the number was revealed to be 0.3%. The release caused an immediate sharp drop of the value of the US Dollar against other financial

Thu, 23 Mar 2023 10:20:38 GMT

Swiss Franc strengthens due to SNB

The Swiss National Bank has hiked its SNB Policy Rate from 1.00% up to 1.50%. The central bank has hiked interest rates despite the ongoing turmoil in the country's banking sector. As a result of the rate hike the Swiss Franc immediately gained value against peer currencies. The SNB hike caused a 0.46% percent decline. The combined actions by

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.