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Bank of England Preview: Peak Approaching – GBP Headwinds to Set In

We expect the Bank of England (BoE) to hike the Bank Rate by 25bp on 21 September, although august inflation released the day before marks a joker. We expect a peak in the Bank Rate of 5.50%. We see current market pricing of a peak in the policy rate of 5.60% as broadly fair. EUR/GBP […] The post Bank of England Preview: Peak Approaching – GBP Headwinds to Set In appeared first on Action Forex...
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Posted: Sep 18 2023, 11:02
Author Name: actionforex
Views: 091161