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BoE Seen Unchanged, Minutes Key to Rate Outlook

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Bank of England is widely expected to leave interest rates and asset purchases unchanged following its meeting today, as the global economic slowdown, lack of inflation and strong pound continue to overshadow the ongoing improvement in the domestic economy. It was only last month that Governor Mark Carney shelved plans to consider raising rates at the turn of the year and instead suggested that the tightening cycle may now begin towards the end of 2016. While I believe the U.K. economy is

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