Sterling Rises to 2-Week High Against Euro After BOE Holds Rates Steady -- Market Talk

Dow Jones

Mar 20, 2025

1215 GMT - Sterling rises to a two-week high against the euro and trims losses versus the dollar after the Bank of England voted 8-1 to leave interest rates at 4.5%. One policymaker preferred to cut rates by 25 basis points. While a decision to hold rates was widely expected, some analysts had anticipated more policymakers would favor a rate cut. The BOE reiterated a "gradual and careful" approach to cutting rates is appropriate. "The BOE will wish to avoid cutting rates too much too quickly for fear of causing further inflationary pressure," Quilter strategist Lindsay James says in a note. The euro falls to a low of 0.8363 pounds after the decision, from 0.8377 beforehand. Sterling rises to $1.2979, from 1.2958 previously.(renae.dyer@wsj.com)

(END) Dow Jones Newswires

March 20, 2025 08:15 ET (12:15 GMT)

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One policymaker preferred to cut rates by 25 basis points. While a decision to hold rates was widely expected, some analysts had anticipated more policymakers would favor a rate cut. The BOE reiterated a \"gradual and careful\" approach to cutting rates is appropriate. \"The BOE will wish to avoid cutting rates too much too quickly for fear of causing further inflationary pressure,\" Quilter strategist Lindsay James says in a note. The euro falls to a low of 0.8363 pounds after the decision, from 0.8377 beforehand. Sterling rises to $1.2979, from 1.2958 previously.(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 08:15 ET (12:15 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>Sterling Rises to 2-Week High Against Euro After BOE Holds Rates Steady -- 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\">\nSterling Rises to 2-Week High Against Euro After BOE Holds Rates Steady -- 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 20:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1215 GMT - Sterling rises to a two-week high against the euro and trims losses versus the dollar after the Bank of England voted 8-1 to leave interest rates at 4.5%. One policymaker preferred to cut rates by 25 basis points. While a decision to hold rates was widely expected, some analysts had anticipated more policymakers would favor a rate cut. The BOE reiterated a \"gradual and careful\" approach to cutting rates is appropriate. \"The BOE will wish to avoid cutting rates too much too quickly for fear of causing further inflationary pressure,\" Quilter strategist Lindsay James says in a note. The euro falls to a low of 0.8363 pounds after the decision, from 0.8377 beforehand. Sterling rises to $1.2979, from 1.2958 previously.(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 08:15 ET (12:15 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":"2520455985","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520455985","pubTimestamp":1742472900,"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":"1215 GMT - Sterling rises to a two-week high against the euro and trims losses versus the dollar after the Bank of England voted 8-1 to leave interest rates at 4.5%. One policymaker preferred to cut rates by 25 basis points. While a decision to hold rates was widely expected, some analysts had anticipated more policymakers would favor a rate cut. The BOE reiterated a \"gradual and careful\" approach to cutting rates is appropriate. \"The BOE will wish to avoid cutting rates too much too quickly for fear of causing further inflationary pressure,\" Quilter strategist Lindsay James says in a note. The euro falls to a low of 0.8363 pounds after the decision, from 0.8377 beforehand. 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The euro falls to a low of 0.8363 pounds after the decision, from 0.8377 beforehand. Sterling rises to $1.2979, from 1.2958 previously.(renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 20, 2025 08:15 ET (12:15 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"}}}