Market insights

UK Interest Rate Decision Today - MI141223

At 12 noon today the Bank of England announces its interest rate decision.

Analysts think it's nailed on to be kept at 5.25%.

Yesterday evening saw the US keep their rate at 5.5%, so that could be an indicator of what's to come today.

If that wasn't enough the ECB announces their interest rate decision later as well. The expectation is for the rate to be kept at 4.5%.

There's then retail sales numbers out from the US followed by a press conference from the ECB.

Going into the early hours there's consumer confidence out from the UK.

It could be a whirlwind of a day today.

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Economic calendar

UK: 12:00 Bank of England Interest Rate Decision

EUR: 13:15 ECB Interest Rate Decision

US: 13:30 Retail Sales

EUR: 13:45 ECB Press Conference

UK: Friday 00:01 Gfk Consumer Confidence

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