- G10 central banks are showing policy divergence on interest rates amid rising energy costs from Middle East conflicts.
- Market pricing of policy divergence between the Bank of England and the European Central Bank, specifically benefiting the EUR/GBP currency pair.
The Bank of England Governor spoke at the annual gathering in Jackson Hole, reflecting on how markets price geopolitical risk against ECB policy.
1 report, 1 independent
Updated Aug 27
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What happened
The Bank of England Governor spoke at the annual gathering in Jackson Hole, reflecting on how markets price geopolitical risk against ECB policy.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Investors are factoring in expectations regarding a Bank of England rate hike while monitoring mediation efforts aimed at ending the Middle East conflict.Sub-event
BoE Governor reflects market pricing of geopolitical risk vs ECB pricing at Jackson Hole.1 source
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The entities involved
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Bank of England
central bank of the United Kingdom
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European Central Bank
central bank of the European Union and the eurozone
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Andrew Bailey
researcher
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