Free Trial

Late Equity Roundup


Eurodollar/SOFR/Treasury Option Roundup


Fails to Sustain Rally

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
BOE Minutes: MPC Votes 6-3 To Keep Bank Rate Unchanged 
-BOE MPC: MPC Vote 9-0 To Keep Stock Of Gilts, Corporate Bonds Unchanged
-BOE MPC: Haldane, McCafferty, Saunders Vote For 25bp Bank Rate Hike
-BOE MPC: New Guidance on QE; Aims to Reduce Stock When Rate Hits 1.5%  
-BOE MPC: Judgement on Q1 Data Dip "Broadly on Track"; Expect Q2 Pickup   
The MPC voted 6-3 to keep Bank Rate unchanged at 0.5% at its June 
meeting but was unanimous in keeping the stock of total asset purchases 
at stg445bn. Three members voted for an immediate 25bp rate hike, with 
Andy Haldane dissenting for the first time - the first dissenting vote 
for a hike by a Bank insider since 2011. The majority view was that the 
May QIR projections were "broadly on track" but that there was still 
value in waiting and seeing. The very soft Q1 GDP data were still seen 
as erratic and a Q2 recovery is expected. New guidance revealed the QE 
unwind will start when Bank Rate is around 1.5% rather than around 2.0%. 

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.