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What to Expect from the BOE's Official Bank Rate Decision

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    As the market is still recovering from the turmoil of the surprise ECB rate cut last week, it readies itself for the impending Bank of England (BOE) announcement which will confirm its own interest rate this week. While earlier predictions hinted that the BOE might raise its historically low rates, following the example set by the US Federal Reserve, it now looks as though an increase is some way off. With increased dovish talk emanating from the BOE and the deterioration of economic

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