Created
: 2025.09.03
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
BoE's Bailey: Doubts grow on how fast rates can be cut
World FX news
Breaking news
BoE's Bailey: Doubts grow on how fast rates can be cut
New
2025.09.03 22:53
2025.09.03 22:53
2025.09.03 22:53
Speaking before the Treasury Select Committee, Bank of England Governor Andrew Bailey warned that while the direction for interest rates remains downward, there is "considerably more doubt" over how quickly cuts can be delivered. He added that risks to inflation have risen, even as he voiced more concern than his colleagues about the potential hit to jobs.
Key Quotes
Risk on inflation has gone up.
But I'm more concerned about downside job risks than MPC who voted to keep rates on hold.
Causes of UK inflation hump aren't due to fundamentals in UK economy.
I think path for rates will continue to be downwards.
There is considerably more doubt on how fast we can cut rates.
Market pricing suggests my message has been understood.
Upward risks to UK inflation come from supply side.
Last updated
: 2025.09.03
Related articles
PBOC sets USD/CNY reference rate at 7.1064 vs. 7.1052 previous
3 minutes agoUS President Donald Trump warned of 100% tariffs on foreign chip imports unless firms build in US
37 minutes agoUS President Donald Trump prepares to start North American trade deal renegotiation -- WSJ
49 minutes agoNZD/USD strengthens to near 0.5850 ahead of US NFP data
59 minutes agoFed's Goolsbee: Labor market might be deteriorating
2025.09.05 08:30USD/JPY holds steady near 148.50, all eyes on US NFP release
2025.09.05 08:16
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
PBOC sets USD/CNY reference rate at 7.1064 vs. 7.1052 previous
On Friday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1064 compared to the previous day's fix of 7.1052 and 7.1052 Reuters estimate.
New
2025.09.05 10:15US President Donald Trump warned of 100% tariffs on foreign chip imports unless firms build in US
US President Donald Trump said that his administration would impose tariffs on semiconductor imports from firms not moving production to the United States, Reuters reported late Thursday.
New
2025.09.05 09:41US President Donald Trump prepares to start North American trade deal renegotiation -- WSJ
US President Donald Trump's administration is set to begin renegotiating the United States (US)-Mexico-Canada free trade deal, the Wall Street Journal reported on Thursday.
New
2025.09.05 09:29NZD/USD strengthens to near 0.5850 ahead of US NFP data
The NZD/USD pair attracts some buyers to around 0.5850 during the early Asian session on Friday. The softer-than-expected US job data continue to weigh on the US Dollar (USD). All eyes will be on the US Nonfarm Payrolls (NFP) report for August, which is due later on Friday.
New
2025.09.05 09:20Fed's Goolsbee: Labor market might be deteriorating
Federal Reserve Bank of Chicago President Austan Goolsbee said on Friday that US labor market might be deteriorating, adding that there is a bit of wait-and-see because of uncertainty.
New
2025.09.05 08:30USD/JPY holds steady near 148.50, all eyes on US NFP release
The USD/JPY pair flat lines near 148.50 during the early Asian session on Friday. Traders prefer to wait on the sidelines ahead of the crucial US economic data. The highly anticipated Nonfarm Payrolls (NFP) for August will take center stage later on Friday.
New
2025.09.05 08:16USD/CHF Price Forecast: Steady near 0.8050, awaiting NFP data
The USD/CHF remains steady at around the 50-day Simple Moving Average (SMA) of 0.8051, consolidates at around the 0.8050-0.8100 figure for the fourth straight day. At the time of writing, the pair trades at 0.8056 up 0.01%.
New
2025.09.05 07:56US President Donald Trump signs order sealing Japan tariff deal with 15% rate -- Bloomberg
US President Donald Trump signed an executive order implementing his trade agreement with Japan, which calls for a maximum 15% tax on most of Japan's imports, including automobiles and parts, Bloomberg reported late Thursday.
New
2025.09.05 07:47GBP/USD settles into holding pattern ahead of key US NFP jobs data
GBP/USD slowed to a crawl on Thursday, remaining stuck close to 1.3430 after a volatile showing through the week's earlier sessions. US Nonfarm Payrolls (NFP) are always a high-impact affair, but this Friday's US jobs showdown has taken on an even greater importance than usual.
New
2025.09.05 06:54EUR/USD slips to 1.1640 as US labor woes boost Dollar ahead of NFPs
The EUR/USD retreats after reaching a weekly high of 1.1736 on September 1, as economic data from the US drives the Dollar higher against the shared currency, which witnessed a soft Retail Sales report. The pair trades at 1.1640, down 0.12%.
New
2025.09.05 06:43Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
