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12:03 PM · 22 September 2022

BREAKING: Bank of England hikes rates by 50 bp

The Bank of England announced its latest monetary policy decision at 12:00 pm BST today. Economists were expecting a 50 basis point rate hike, to 2.25%, while the market priced a 65% chance of a 75 basis point rate move, to 2.50%. Economists were right this time with BoE delivering a 50 bp rate hike. 5 MPC members voted for a 50 bp rate move, 3 voted for a 75 bp rate move and 1 voted for a 25 bp rate move. MPC also voted in favor of launching active GILT sales, starting from October 3, 2022.

Market reacted with GBP weakening. GBPUSD pulled back from the 1.1350 resistance zone and dipped below 1.13 mark. However, part of the move has been erased since.

Source: xStation5

14 April 2026, 1:30 PM

BREAKING: US PPI comes in weaker than expected. EURUSD gains ground

14 April 2026, 7:43 AM

Economic calendar: US PPI report and central bankers speeches in focus

13 April 2026, 7:03 PM

Daily summary: Stocks back in the green on hopes for US-Iran talks, dollar resumes losing streak (13.04.2026)

13 April 2026, 6:40 PM

📈 US2000 rebounds 1%

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