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Tag: The Bank of England

GBP/USD Weekly Forecast: BoE Challenged by Rising Inflation

The US issued PPI data that provided additional evidence that inflation had peaked. British inflation reached a 41-year high due to rising...

Bitcoin Fell After the Resignation of Liz Truss

Despite all the economic and financial turmoil in the United Kingdom, bitcoin has not taken advantage of the situation and dropped even further in...

Week Ahead – Central banks remain hawkish

US Wall Street’s shortened trading week will be jam-packed with the FOMC minutes, more Fed speak, the flash PMIs and the final look at...

Can you control cryptocurrency? (Saeed Patel)

Since the creation of the Mesopotamian shekel, the first known currency minted 5,000 years ago, some...

UK property market at risk of major downturn as recession fears loom

Economists are predicting that soaring interest rates and falling prices will mark the end of the U.K.’s 13-year housing market boom, potentially leading to...

Countries With CBDCs, Or At Least Testing

The issues associated with central bank digital currencies, for good or for worse, are far from a universal one-size-fits all. Different central banks, and...

Britain’s Crypto-Friendly Prime Minister

There is hope for those in crypto, that Rishi Sunak can turn the tide on the United Kingdom’s unclear stance on cryptocurrencies.

The post Britain’s Crypto-Friendly Prime Minister appeared first on BitcoinChaser.

Top “UK Crypto Hub” proponent Rishi Sunak to become prime minister

Rishi Sunak, who previously spearheaded the UK’s crypto hub ambitions as finance minister, has been elected by the Conservative Party on Monday following Liz Truss’ resignation last week. 

US Treasury Secretary Expresses ‘Skepticism’ on Crypto Financial Stability Impact

Janet Yellen remains cautious of crypto’s threats around financial stability, consumer protection, and illicit finance.

Bank of England Calls for Stricter Global Regulation of Crypto Assets


According to Bloomberg, the Bank of England intends to tighten regulation of cryptocurrencies around the world. (Read More)

Stocks slip as oil and gas surge

European stocks have posted losses of around 1% on Wednesday, paring some of the gains we’ve seen over the last couple of weeks. We’ve clearly seen an improvement in sentiment recently as investors have become encouraged by the negotiations between Ukraine and Russia and the impact that’s had on global commodity prices. There remains enormous […]

Interest Rates rise to 0.75%

Last week, the Bank of England voted to approve an interest rates rise from 0.5% to 0.75%, the third time an interest rate rise has take place within months. This is bad news for those with a mortgage but will also impact business borrowing but there are two important things to note. Firstly, 0.75% is […]

The post Interest Rates rise to 0.75% appeared first on Tamebay.

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