Bank of England Review: Unexpectedly on Hold but Preannounced Easing in August

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 14, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Against our expectation, the Bank of England (BoE) maintained the Bank Rate at 0.50% . Given BoE Governor Mark Carney's very dovish speech two weeks ago in which he said that 'some monetary policy easing will likely be required over the summer' due to a deterioration in the economic outlook, we[​IMG]

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