Free Trial

A quick MNI PINCH update: - BoE Governor Mark....>

UK
UK: A quick MNI PINCH update:
- BoE Governor Mark Carney is addressing the Treasury Select Committee and
appears to have affirmed recent comments from Gertjan Vlieghe that suggests
policy easing is more likely in a no-deal scenario.
- The kinked term structure makes it difficult to estimate sensible
probabilities for the implied bank rate path. MNI PINCH currently attributes a
39.8% probability of a 25bp hike at the December meeting (down from 53.3% in
November), up from 27.4% a week ago and 33.0% a day before Vlieghe's comments.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.