BOE's Gradual Approach to Rate Cuts Should Benefit Sterling -- Market Talk

Dow Jones

Mar 20, 2025

1503 GMT - The Bank of England's decision to maintain a gradual approach to interest-rate cuts is positive for sterling's outlook, says Ivo Mertens, economist at cross-border payments group iBanFirst. The BOE is playing it safe amid global uncertainties and its priority is price stability, he says. "Minimising volatility is key to driving growth, particularly for businesses trading across borders." With fears over a U.S. recession mounting, sterling is more resilient to U.S. tariff threats than the euro, Mertens says, The BOE's decision increases market confidence, making sterling an "attractive and safe bet for investors." The BOE voted 8-1 to leave rates at 4.5% Thursday. Sterling rises to a two-week high of 0.8350 per euro, FactSet data show. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

March 20, 2025 11:03 ET (15:03 GMT)

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The BOE is playing it safe amid global uncertainties and its priority is price stability, he says. \"Minimising volatility is key to driving growth, particularly for businesses trading across borders.\" With fears over a U.S. recession mounting, sterling is more resilient to U.S. tariff threats than the euro, Mertens says, The BOE's decision increases market confidence, making sterling an \"attractive and safe bet for investors.\" The BOE voted 8-1 to leave rates at 4.5% Thursday. Sterling rises to a two-week high of 0.8350 per euro, FactSet data show. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 20, 2025 11:03 ET (15:03 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BOE's Gradual Approach to Rate Cuts Should Benefit Sterling -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOE's Gradual Approach to Rate Cuts Should Benefit Sterling -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-20 23:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1503 GMT - The Bank of England's decision to maintain a gradual approach to interest-rate cuts is positive for sterling's outlook, says Ivo Mertens, economist at cross-border payments group iBanFirst. The BOE is playing it safe amid global uncertainties and its priority is price stability, he says. \"Minimising volatility is key to driving growth, particularly for businesses trading across borders.\" With fears over a U.S. recession mounting, sterling is more resilient to U.S. tariff threats than the euro, Mertens says, The BOE's decision increases market confidence, making sterling an \"attractive and safe bet for investors.\" The BOE voted 8-1 to leave rates at 4.5% Thursday. Sterling rises to a two-week high of 0.8350 per euro, FactSet data show. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 20, 2025 11:03 ET (15:03 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BOE","symbol_name":"黑岩全球成长基金","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2520103463","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520103463","pubTimestamp":1742482980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1503 GMT - The Bank of England's decision to maintain a gradual approach to interest-rate cuts is positive for sterling's outlook, says Ivo Mertens, economist at cross-border payments group iBanFirst. The BOE is playing it safe amid global uncertainties and its priority is price stability, he says. \"Minimising volatility is key to driving growth, particularly for businesses trading across borders.\" With fears over a U.S. recession mounting, sterling is more resilient to U.S. tariff threats than the euro, Mertens says, The BOE's decision increases market confidence, making sterling an \"attractive and safe bet for investors.\" The BOE voted 8-1 to leave rates at 4.5% Thursday. Sterling rises to a two-week high of 0.8350 per euro, FactSet data show. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BOE":"黑岩全球成长基金"},"translate_title":"英国央行逐步降息的做法应该有利于英镑——市场讨论","themeId":"5e714d75d3cd9722ba6b887451fcd414","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BOE":1},"content_text":"1503 GMT - The Bank of England's decision to maintain a gradual approach to interest-rate cuts is positive for sterling's outlook, says Ivo Mertens, economist at cross-border payments group iBanFirst. The BOE is playing it safe amid global uncertainties and its priority is price stability, he says. \"Minimising volatility is key to driving growth, particularly for businesses trading across borders.\" With fears over a U.S. recession mounting, sterling is more resilient to U.S. tariff threats than the euro, Mertens says, The BOE's decision increases market confidence, making sterling an \"attractive and safe bet for investors.\" The BOE voted 8-1 to leave rates at 4.5% Thursday. Sterling rises to a two-week high of 0.8350 per euro, FactSet data show. (renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 20, 2025 11:03 ET (15:03 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}