Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Bailey asked if rates have peaked

  • Bailey asked if rates have peaked unless there is a surprise in the data?
  • He says in previous language in November that if the outlook continued as expected further hikes were expected and "forceful" is included. Says both of those have been removed. Says if we evolve as central case will have to reevaluate. If inflation is more persistent will need to act.
  • Broadbent says nothing in the language to expect we are at a peak, and risks are very clearly skewed to the upside. Given degree to which Bank Rate has already been raised decisions become more sensitive to data.

To read the full story

Why Subscribe to


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.