Monetary−policy meeting at the Bank of England

Wed, May 7 2008, 07:07 GMT
by Morten Lykke Pedersen

Jyske Bank


Current interest rate: 5%


• In favour of unchanged interest rates:

  • • The inflation risk is on the upside
  • • There has been less focus on the financial turbulence this past month
  • • The Bank of England (BoE) has announced that the worst is over

• In favour of a 25 bp cut:

  • • The housing market is softening
  • • Growth indicators are pointing downwards

Market expectation: no change

Jyske Bank’s expectation: no change

Archive

Jyske Bank  | Vestergade 8-16, DK-8600 Silkeborg
http://www.jyskebank.com | jyskebank@jyskebank.dk

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The analysis is based on information which Jyske Bank finds reliable, but Jyske Bank does not assume any responsibility for the correctness of the material nor for transactions made on the basis of the information or the estimates of the analysis. The estimates and recommendations of the analysis may be changed without notice. The analysis is for the personal use of Jyske Bank's customers and may not be copied.

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