Price pressures in some areas of the UK economy remain stubborn.

The Bank of England deems the MPC's restrictive monetary policy necessary to ensure return to 2% inflation target.

The Bank of England is considering a potential revolution: a central bank digital currency.

the UK's persistent high-interest environment, while curbing inflation, has also led to an increasing number of working-age individuals withdrawing from the labor market.

According to the latest data, the British economy grew by 0 in January..2%, in line with market expectations, this data drove the pound up slightly against the Swedish krona。Of this growth, services contributed the most to GDP, with growth of 0.2%, compared with 0 in December last year.1% atrophy improved。

The largest positive contribution of services to gross domestic product (GDP), growth of 0.2%, after a contraction of 0 in December.1%。

The GBP / CAD currency pair rebounded from Thursday's 4-week low after the BoE said it needed more evidence that inflation would return to target levels before leaving interest rates unchanged.。

The analysis said that the independent economist Dengera's push to immediately reduce borrowing costs sent a strong signal to financial markets that the central bank was moving closer to taking action.。

Bank of England keeps interest rates stable and aims to achieve a sustainable 2% inflation rate amid global uncertainty and continued UK inflation at 4%。

On November 1, local time, the Federal Reserve took the lead in announcing that interest rates would remain unchanged。To be honest, the Fed made this decision is not surprising, one is that inflation in the United States has been much lower than a year ago, the effect of raising interest rates has been shown, and the other is that the Fed's interest rates are now at a high level for more than 20 years, and then add to the U.S. economy may be overwhelmed。The dust has settled on the US side, and now it's up to the UK side to follow, if two consecutive developed country central banks have announced a suspension of interest rate hikes, it is estimated that the global interest rate hike cycle is not far from the end.。But the British side of the situation and the United States is not the same, the United States side, interest rate hikes to raise interest rates, the U.S. economy has hardly been much affected this year, employment is still strong, wages are rising, and even in the first half of this year, U.S. stocks also out of a wave of bull market。But the British side is different, the Bank of England in this round of radical interest rate hikes have tortured the British economy out of breath, manufacturing, services, both wings of the decline in employment, the number of corporate bankruptcies increased significantly, if in this case the Bank of England still dare to continue to raise interest rates, there are only two possibilities, first, the Bank of England is too brave, and inflation blood to fight to the end, second, the Bank of England is

On October 18, according to the Office for National Statistics (ONS), the UK inflation rate remained at 6 in September..7% unchanged, unchanged from August。Core inflation from 6 in August.2% down slightly to 6.1%, the lowest level since January, but slightly above market forecasts of 6%

On July 19, local time, the Office for National Statistics (ONS) released inflation data for June.。Data show inflation slowing to 7 in June.9%, coming to a 15-month low。This is more than the market expected 8.2% is lower, also lower than the 8 in May.7%。

According to media reports, the Bank of England is considering plans to require more international banks to set up subsidiaries in the UK rather than sub-branches.。