menu search

Bank of England Monetary Policy Committee preview: Where to for GBP? 3 scenarios.

Bank of England Monetary Policy Committee preview: Where to for GBP? 3 scenarios.
The consensus expectation for the meeting of the Bank of England's Monetary Policy Committee today, Thursday, 22 June 2023, is for a 25bp rate hike. The announcement is due at 1100 GMT, which is 0700 US Eastern time.I posted earlier on the bleak task facing the MPC:JP Morgan preview Bank of England rate hike coming today: BoE have to create a recessionThis snippet now on what happens to GBP depending on MPC action and guidance. --+50 bps hike (35% probability) & Hawkish guidance hikes 50 bps and... Read More
Posted: Jun 21 2023, 23:53
Author Name: forexlive
Views: 081123

Search within

Pages Search Results: