BoE: Expect no fireworks – Goldman Sachs
|Analysts at Goldman Sachs points out that the Bank of England’s Monetary Policy Committee will make a policy announcement at noon today and there will be no Inflation Report or press conference to accompany this policy meeting.
Key Quotes
“We expect unanimous votes for no change in Bank Rate (at 0.25%) and no change in the quantity of purchased Gilts (at £435bn). We also expect a unanimous vote for the BoE to continue its corporate bond purchases until the stock of purchased corporate bonds reaches £10bn (formally, the target is “up to £10bn”).”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.