The Bank of England Flinched. Now It Needs a Full-Scale Retreat.

The Bank of England Flinched. Now It Needs a Full-Scale Retreat.

UK central bankers should stop selling the bonds they acquired during the pandemic to take pressure off borrowing costs.

Inflation fall puts fresh pressure on Bank of England

Tuesday saw another day of climbs for the pound, seeing it end 0.45% up on the dollar and 0.37% on the euro. While the past month has been particularly punishing on sterling, it is now riding high on the dollar, approaching the highs of September 2024.

Bank of England explores challenges of offline CBDC - Ledger Insights - blockchain for enterprise

As part of the Bank of England’s central bank digital currency (CBDC) design phase, it explored an offline CBDC for its digital pound. At this stage it was only interested in technology issues, so it tested solutions provided by Thales, Secretarium, IDEMIA Secure Transactions, Quali-Sign and Consult Hyperion. It concluded the solutions were technically capable […] The post Bank of England explores challenges of offline CBDC appeared first on Led…

Bank of England Scrutinizes Growing Market for Significant Risk Transfers

British lenders are reportedly concerned the Bank of England’s scrutiny of significant risk transfers could slow the growth of the market.