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BOE the main focus for sterling today

A 25 bps rate hike is fully priced in at this stage and traders will be scouring for clues on what will come next for the BOE in the months ahead. Surging inflation pressures haven't made their job any easier and an economy ravaged by the cost-of-living crisis is only adding to the difficulty of the task at hand.Yet, markets are still somewhat convinced that they will deliver further on rate hikes. Looking at the pricing here, we can see the terminal rate priced in for the BOE is sitting close t... Read More

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Posted: May 11 2023, 09:36

Author Name: forexlive

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