BOE to raise policy rates by 25bps - Barclays
|Analysts at Barclays believe that the Bank of England (BOE) will raise the benchmark interest rates by 25bps when it meets tomorrow at its monetary policy meeting
Key Quotes:
“We believe that the MPC will raise policy rates by 25bp ... in line with recent policy statements and broadly consistent with resilient albeit unimpressive data. We expect an 8-1 split vote in favor of a policy rate hike, but a unanimous vote on Asset purchase programme.”
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.