CA forecast a Bank of England rate cut

Comments over the weekend from BoE MPC member Vleighe:

• Bank of England MPC member Vlieghe says he is ready to cut interest rates if data does not improve

have set off heightened speculation of a near-term BoE rate cut, this for example ;-)

• Bank of England policy maker tips the scales towards an imminent rate cut (maybe)

Credit Agricole analysts agree, recommending a short GBP/SEK saying expectations of a BoE rate cut could grow in intensity, if UK economic activity revival disappoints

• CA forecast a BoE cut in Q2 of this year