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UK interest rate off the cards, for now

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 26, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    With little data out of the UK yesterday, a speech by the BoE’s Kristen Forbes saw her comparing the UK’s labour market with that of the US’ – her final say being that the UK’s inflation situation is not conducive to an interest rate rise just yet. She also made mention of how the UK’s low unemployment rate, at present, is only hampered by low wage growth. With oil prices as low as they are at the moment, the upshot is that the Bank of England have more time to decide on when it’s right to

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