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BoE officials are privately concerned that UK economic data may be sending false signals that complicate the job of setting interest rates, according to Bloomberg citing sources

The concern among BoE officials regarding misleading economic signals suggests increased caution in rate-setting decisions.

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Newsquawk Daily European Opening News - 7th May 2026

German government has rejected a return to nuclear power

BoE officials are privately concerned that UK economic data may be sending false signals that complicate the job of setting interest rates, according to Bloomberg citing sources

EU Transport Commissioner says airlines must continue to reimburse passengers for flight cancellations caused by high energy prices, the FT reports

Israeli air strikes targets a town in South Lebanon

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This may indicate a more nuanced approach as they navigate data that could impact inflation expectations and growth outlook. Traders should watch for volatility in GBP and fixed income as market interpretations evolve.

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