Free Trial

MNI BOE Preview - September 2023: Guidance tweak?

  • The MPC policy announcement on Thursday will be closely watched by markets, despite unanimous expectation amongst sellside analysts that there will be a 25bp hike (absent any large surprises in Wednesday’s inflation print).
  • We discuss the data leading up to the decision and the potential for changes to forward guidance.
  • We expect the Bank to target a reduction in the stock of gilt holdings in the APF of GBP100bln over the next 12 months. We look at the risks and what this means for the maturity buckets.
  • We have read through and summarised over 20 analyst previews.
For the full preview see:

MNI BoE Preview - Sep23.pdf


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.