Financial Stability Report

The Financial Stability Report, published twice a year by the Bank of England under the guidance of the interim Financial Policy Committee, shows the Committee's assessment of the outlook for the stability and resilience of the financial sector at the time of preparation of the Report, and the policy actions it advises to reduce and mitigate risks to stability. Usually, if the BoE is hawkish about the financial outlook, it is positive, or bullish, for the GBP. Likewise, if the BoE has a dovish view on the UK economy and is concern about the financial stability it is seen as negative, or bearish.

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Most recent - Wednesday 12 July 2023 06:00

Next event - Monday 11 December 2023 07:00

The typical/expected impact on GBP pairs is medium.

Trading range

Past events

Date

Wednesday 12 July 2023 06:00

Tuesday 13 December 2022 10:30

Tuesday 5 July 2022 09:30

Monday 13 December 2021 17:00

Tuesday 13 July 2021 06:00

Friday 11 December 2020 07:00

Economic context

Recent economic data has been broadly neutral for GBP. The following recent announcements may affect the market reaction to Financial Stability Report:

		Previous	Latest
S&P Global/CIPS Composite PMI	Bearish change	48.6	46.8
S&P Global/CIPS Manufacturing PMI	Bullish change	43	44.2
S&P Global/CIPS Services PMI	Bearish change	49.5	47.2
Retail Sales (MoM)	Bullish change	-1.1%	0.4%
Retail Sales (YoY)	Bullish change	-3.1%	-1.4%
Retail Sales ex-Fuel (MoM)	Bullish change	-1.4%	0.6%
Retail Sales ex-Fuel (YoY)	Bullish change	-3.3%	-1.4%
GfK Consumer Confidence	Bullish change	-25	-21
BoE MPC Vote Rate Cut	(no change)	0	0
BoE MPC Vote Rate Hike	Bearish change	8	4
Consumer Price Index (MoM)	Bullish change	-0.4%	0.3%
Consumer Price Index (YoY)	Bearish change	6.8%	6.7%
Core Consumer Price Index (YoY)	Bearish change	6.9%	6.2%
PPI Core Output (MoM) n.s.a	Bearish change	0.1%	-0.1%
PPI Core Output (YoY) n.s.a	Bearish change	2.2%	1.6%
Producer Price Index - Output (MoM) n.s.a	(no change)	0.2%	0.2%
Producer Price Index - Output (YoY) n.s.a	Bullish change	-0.7%	-0.4%
Retail Price Index (MoM)	Bullish change	-0.6%	0.6%
Retail Price Index (YoY)	Bullish change	9%	9.1%
Consumer Inflation Expectations	Bullish change	3.5%	3.6%
Gross Domestic Product (MoM)	Bearish change	0.5%	-0.5%
Industrial Production (MoM)	Bearish change	1.8%	-0.7%
Manufacturing Production (MoM)	Bearish change	2.4%	-0.8%
Manufacturing Production (YoY)	Bearish change	3.1%	3%
Average Earnings Excluding Bonus (3Mo/Yr)	(no change)	7.8%	7.8%
Average Earnings Including Bonus (3Mo/Yr)	Bullish change	8.4%	8.5%
Claimant Count Change	Bullish change	7.4K	0.9K
Claimant Count Rate	(no change)	4%	4%
Employment Change	Bearish change	-66K	-207K
ILO Unemployment Rate (3M)	Bearish change	4.2%	4.3%

About Financial Stability Report

Country:	United Kingdom
Currency:	GBP
Source:
Category:	Central Banks
Frequency:	Irregular

Related events

	Australia		RBA Rate Statement
	Australia		RBA's Governor Lowe speech
	Australia		RBA Meeting Minutes
	Australia		RBA Monetary Policy Statement
	Canada		BoC Press Conference
	Canada		Bank of Canada Monetary Policy Report
	Canada		BoC Rate Statement
	Canada		BoC's Governor Macklem speech
	Switzerland		SNB's Chairman Jordan speech
	Switzerland		SNB Monetary Policy Assessment
	Switzerland		SNB Press Conference
	Eurozone		ECB Monetary Policy Decision Statement
	Eurozone		ECB Bank Lending Survey
	Eurozone		ECB Press Conference
	Eurozone		ECB Rate On Deposit Facility
	Eurozone		ECB's President Lagarde speech
	Japan		BoJ Monetary Policy Statement
	Japan		BoJ Monetary Policy Meeting Minutes
	Japan		BoJ's Governor Kuroda speech
	Japan		BoJ Press Conference
	Japan		BoJ Governor Nominee Ueda speech
	New Zealand		RBNZ Rate Statement
	New Zealand		RBNZ's Governor Orr speech
	New Zealand		RBNZ Press Conference
	New Zealand		Monetary Policy Statement
	United Kingdom		Monetary Policy Summary
	United Kingdom		BoE MPC Vote Rate Cut
	United Kingdom		BoE Monetary Policy Report Hearings
	United Kingdom		BoE MPC Vote Rate Unchanged
	United Kingdom		BoE MPC Vote Rate Hike
	United Kingdom		BoE's Governor Bailey speech
	United Kingdom		Bank of England Monetary Policy Report
	United Kingdom		Bank of England Minutes
	United Kingdom		BoE Asset Purchase Facility
	United States		Fed's Chair Powell testifies
	United States		Interest Rate Projections - 2nd year
	United States		Bank Stress Test Info
	United States		FOMC Economic Projections
	United States		Interest Rate Projections - 1st year
	United States		FOMC Press Conference
	United States		Interest Rate Projections - 3rd year
	United States		Fed's Chair Powell speech
	United States		Jackson Hole Symposium
	United States		Fed's Monetary Policy Statement
	United States		Interest Rate Projections - Longer
	United States		FOMC Minutes
	United States		Interest Rate Projections - Current
	Australia		RBA's Bullock speech
	Australia		RBA's Ellis speech
	Australia		RBA's Kent speech
	Canada
	Canada		BoC's Kozicki speech
	Canada		BoC's Gravelle speech
	Canada		BoC's Beaudry speech
	Canada		BoC's Rogers speech
	Switzerland		SNB Quarterly Bulletin
	Switzerland		SNB's Maechler speech
	Switzerland		SNB Financial Stability Report
	Germany		German Buba President Nagel speech
	Eurozone		G20 Finance Ministers and Central Bank Governors Meeting
	Eurozone		ECB's Lane speech
	Eurozone		ECB's Schnabel speech
	Eurozone		ECB's Panetta speech
	Eurozone		ECB's De Guindos speech
	Eurozone		EU Financial Stability Review
	Eurozone		ECB's Villeroy speech
	Eurozone		ECB Monetary Policy Meeting Accounts
	Eurozone		ECB's Elderson speech
	Eurozone		Economic Bulletin
	Japan		BoJ Outlook Report
	New Zealand		RBNZ Financial Stability Report
	United Kingdom		BoE's Mann speech
	United Kingdom		BoE's Pill speech
	United Kingdom		BoE's Cunliffe speech
	United Kingdom		BoE's Ramsden speech
	United Kingdom		BoE's Haskel speech
	United Kingdom		BoE's Tenreyro speech
	United Kingdom		BoE's Broadbent speech
	United States		Fed's Bowman speech
	United States		Fed's Collins speech
	United States		Fed's Kashkari speech
	United States		Fed's Bostic speech
	United States		Fed's Goolsbee speech
	United States		Fed's George speech
	United States		Fed's Daly speech
	United States		Fed's Cook speech
	United States		Fed's Brainard speech
	United States		Fed's Evans speech
	United States		Fed's Williams speech
	United States		Fed's Logan speech
	United States		Fed's Chair Yellen testifies
	United States		Fed's Barkin speech
	United States		Fed's Rosengren speech
	United States		Fed's Waller speech
	United States		Fed Monetary Policy Report
	United States		Fed's Beige Book
	United States		Fed's Jefferson speech
	United States		Fed's Mester speech
	United States		Fed's Harker speech
	United States		Fed's Bullard speech

Calendar - Financial Stability Report - United Kingdom