Reuters poll of 75 economists - all expect BoE on hold at next meeting

Author: Eamonn Sheridan | Category: Central Banks

The Bank of England meet on February 8

  • Reuters poll-all 75 economists polled expect Bank to leave bank rate at 0.50 pct
  • next rate move expected in q4 2018, a 25 basis point hike (same as December poll)
  • Median 15 pct chance of UK recession this year (20 pct in December poll)
  • UK economy to grow 1.4 pct in 2018; 1.5 pct in 2019 (1.3; 1.5 in December poll)
  • Median 20 pct chance of disorderly Brexit (25 pct in December poll)