Money News Overview Monday 16th September: US Fed and Bank of England policy announcements this week

US election dollar impact 2024 announcements this week

A quiet start to the week with only the NY Fed Empire State Survey due.

The focus this week will be both the US fed policy announcement and the Bank of England policy announcement on Thursday.

It is widely expected the Bank of England will leave the headline rate at 5 percent, but it will be the comments that follow that will garner a lot of attention.

Before the Bank of England policy announcement on Thursday, we have the UK inflation figures on Wednesday.

If UK inflation comes in lower than expected, we could see the pound weaken off slightly.

Wednesday is a big day for markets, as we will see the Federal Reserve finally cut interest rates and likely signal that there are more to come.

On Friday, we have the UK Retail Sales figures due followed by the EU consumer confidence numbers to cap off a busy week.


For additional insights on how this could affect your business or to capitalise on market volatility – please reach out to speak to one of our experts.

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