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FTSE 100 Edges Higher Ahead Of BoE Rate Decision

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

U.K. stocks were moving higher on Wednesday ahead of the Bank of England's decision on interest rates and QE, as well as updated economic forecasts tomorrow.

No change in the interest rate is expected, though some analysts expect the central bank to increase the QE up to 200 billion. Some expect such a decision at the June meeting.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.