The Bank of England decided to take a wait-and-see approach during its June monetary policy meeting. Central Bank left its benchmark interest rate unchanged at a record low of 0.1% and the bond-buying programme at £895 billion as widely expected. Policymakers expect that inflation rise will be transitory. GDP in 2021 for Q2 was revised up by about 1.5%. Central bank does not want to undermine the recovery by premature tightening. Asset purchase programme to be kept under review. Only Haldane looking at tapering bond purchases.
GBPUSD pairfell after today's BOE rate decision and is heading towards local support at 1.3920. Source: xStation5
BREAKING: Ifo Index Slightly Above Expectations. DE40 limits jump from the session start
Economic calendar: Fed’s interest-rate decision on Wednesday 📄
Morning wrap (27.10.2025)
Daily Summary: CPI down, Markets Up
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
