UK Inflation, the MPC, and Brexit Consequences
|The previous decision to cut rates by the BoE's Monetary Policy Committee was not much of a surprise for a market that saw the writing on the wall in the latest batch of UK economic metrics. The one potential wrinkle to the dovish mood will be UK inflation an erratic data that could provide further excuse to expect more easing or see policy makers in a wait and see mood. Let us examine the potential trading setups and the theories that back them as the UK Interest Rate decision unfolds.
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