Trial now
USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

Executive Summary

  • The Bank of England MPC meeting last week gave little away in terms of new policy direction but did acknowledge that near-term growth and inflation will be higher than expected, but put this largely down to transitory issues.
  • The August meeting has taken on extra significance. We assume a new Chief Economist will have begun their new role by then who make have further influence on the Bank's forecasts (and who is almost certainly going to be less hawkish than Haldane). Meanwhile, the MPC will have a further debate surrounding how transitory higher inflation and growth will be.
  • We round up the reactions from 17 analysts.
Click here to view the full preview:

MNI BoE Review - Jun21.pdf


MNI London Bureau | +44 203-865-3820 | tim.davis@marketnews.com
MNI London Bureau | +44 203-865-3820 | tim.davis@marketnews.com