Category BOE

Andrew Bailey warned today against stablecoins, which he believes risk undermining the public’s trust in the financial systems.

The BOE is expected to cut interest rates in August, but it is still watching inflation closely.

Bank of England (BoE) Governor Andrew Bailey is pumping the brakes on the digital pound while signaling serious doubt over whether the UK needs a c...

The BOE stressed that policy was not on a preset path as rising energy prices and weak growth complicated the path ahead amid easing inflation.

UK inflation held steady at 3.4% in May, matching economist forecasts, based on figures published Wednesday by the Office for National Statistics.