Bank of England meet next week - preview

Author: Eamonn Sheridan | Category: Central Banks

Bank of England meeting Thursday January 30 

Earlier previews:
MUFG  (via Bloomberg): 
  • "If the BOE are to cut interest rates by the end of this month, it's seen more as a risk management move to try and solidify expectations for a rebound in growth going forward"
  • forecasts a cut in May, not in January 
TD:
  • project a rate cut next week, then again in May
  • will weigh on GBP, but further ahead "rate cuts … will support growth. At the same time the U.K. will begin to attract capital inflows given sterling's attractive valuation"


ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose