Bank of England holds rates at 3.75% as prior tightening does the heavy lifting

Rising inflation complicates monetary policy, potentially delaying rate cuts and impacting risk assets like crypto due to higher borrowing costs. The post US inflation hits three-year high as energy prices surge, complicating Fed rate cut timeline appeared first on Crypto Briefing.

The post Pound Sterling Price News and Forecast: GBP edges lower towards 1.3400 as BoE Bailey buys time appeared on BitcoinEthereumNews.com. British Pound edges lower towards 1.3400 as BoE Bailey buys time The British Pound (GBP) drifts lower against the US Dollar (USD) on Friday, reaching session lows at 1.3408 so far, on track for a moderate weekly decline. Bank of England Governor Andrew Bailey has practically discarded any interest rate hike in the near future, while US data adds pressure on the Federal Reserve (Fed) to tighten its monetary policy. Bailey affirmed at an economic meeting in Reykjavik that ”there is a case for tolerating temporarily above target inflation,” and added that economic activity and the labour market are weighing on second-round effects. The BoE chied also stated that, having taken expected cuts off the table, the bank has already tightened policy considerably in response to the shock relative to what had been expected by markets. Read more… GBP/USD Price

Persistent inflation and a cautious Fed stance suggest prolonged economic uncertainty, impacting speculative investments and market stability. The post Federal Reserve’s Paulson says monetary policy is mildly restrictive as inflation risks stay ‘super-elevated’ appeared first on Crypto Briefing.

Persistent inflation challenges economic stability, influencing monetary policy decisions and impacting consumer purchasing power and business planning. The post Federal Reserve Bank of Kansas City president Jeff Schmid doubles down on inflation fight appeared first on Crypto Briefing.

Persistent inflation challenges economic stability, influencing monetary policy decisions and impacting consumer purchasing power and business planning. The post Kansas City Fed President Jeff Schmid calls inflation the ‘most pressing risk to the economy’ appeared first on Crypto Briefing.

The BoE's tolerance for higher inflation may stabilize growth short-term but risks long-term economic volatility and challenges for savers. The post Bank of England may tolerate inflation to support UK economy: Bailey appeared first on Crypto Briefing.

The BoE's rate hold reflects a cautious approach, balancing inflation risks with economic growth concerns, impacting future monetary policy. The post Bank of England holds rates at 3.75%, warns of ‘forceful’ hikes if inflation keeps climbing appeared first on Crypto Briefing.

Rising yields and fragile bond markets signal increased risk for investors, potentially impacting global financial stability and asset valuations. The post Gita Gopinath warns of fragile bond markets amid rising rates appeared first on Crypto Briefing.