The Bank of England decided to take a wait-and-see approach during its March monetary policy meeting and left its benchmark interest rate unchanged at a record low of 0.1% and the bond-buying programme at £875 billion as widely expected. BOE will not tighten policy before evidence of good progress on inflation. UK GDP is projected to recover strongly over 2021 towards pre-Covid levels and CPI inflation is expected to return towards the 2% target in the spring. Bank rate votes 0-0-9 vs 0-0-9 expected
GBPUSD fell slightly after today's BOE rate decision and is heading towards 200 SMA (red line). Source:xStation5
Economic Calendar: A Calm End to the Week!
Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues
BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal
Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)
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.
