Decision Time For The Bank Of England
The Bank of England will announce its rate decision today. The market expects the BoE keeps unchanged their benchmark interest rates at 0.5%. Also, note though that no change is expected in either the bank’s £435 billion government bond-buying or its £10 billion corporate bond purchases.
Moreover, we will focus on the BoE Quarterly Inflation Report. The market forecasts see inflation decelerating as UK GDP growth slows in 2018.
Governor Mark Carney will also hold a press conference to explain and expound upon the wealth of information on offer.
08 Feb 18 (Thu)
07:15 am
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