Gbp news release
Here are some recent news releases related to the British Pound (GBP):
Recent News Releases:
- Bank of England keeps interest rates unchanged (March 18, 2023)
The Bank of England (BoE) has decided to keep interest rates unchanged at 4.25% amid concerns over the impact of rising borrowing costs on the economy. The decision was widely expected by markets.
Source: Bank of England
- UK economy contracts in January (March 15, 2023)
The UK economy contracted by 0.5% in January, according to the Office for National Statistics (ONS). The decline was driven by a fall in manufacturing output and a decline in construction activity.
Source: Office for National Statistics
- GBP/USD falls to 1.20 as US dollar strengthens (March 10, 2023)
The British Pound (GBP) fell to a 20-month low against the US dollar (USD) as the greenback strengthened amid rising interest rates and a strong jobs report.
Source: Reuters
- UK inflation rate falls to 2.5% (February 17, 2023)
The UK's inflation rate fell to 2.5% in January, down from 3.0% in December, according to the Office for National Statistics (ONS). The decline was driven by a fall in food and drink prices.
Source: Office for National Statistics
- GBP/JPY falls to 153.50 as yen strengthens (February 14, 2023)
The British Pound (GBP) fell to a 2-week low against the Japanese Yen (JPY) as the yen strengthened amid concerns over the impact of rising interest rates on the global economy.
Source: Bloomberg
Upcoming Events:
- Bank of England interest rate decision (March 23, 2023)
The Bank of England is expected to announce its interest rate decision on March 23, 2023. Markets are expecting a 25-basis-point hike to 4.50%.
Source: Bank of England
- UK GDP growth rate (March 25, 2023)
The Office for National Statistics (ONS) is expected to release the UK's GDP growth rate for the fourth quarter of 2022 on March 25, 2023.
Source: Office for National Statistics
Please note that these news releases are subject to change and may not reflect the current market situation. It's always a good idea to check with a reliable news source or financial institution for the latest information.