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BOE not expected to rock the boat later today

After a surprise pause in September here, the BOE has gotten away with making their job a little easier in communicating today's policy decision. The thinking previously was to get one more rate hike in as they could still get away with it. But now that ship has sailed and we're left staring at another decision where the central bank is to keep its bank rate unchanged at 5.25%.And with price pressures trending lower as a whole, that is working to their favour in having announced a pause in Septe... Read More

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Posted: Nov 2 2023, 11:01

Author Name: forexlive

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