Free Trial

MNI BRIEF: Market Intelligence BOE Policy 'Input, Not Driver'

(MNI) LONDON
(MNI) London

Financial market expectations are an input, rather than a driver in the Bank of England's policymaking process, a senior bank official said Tuesday.

Andrea Rosen, head of the BOE's Market Intelligence and Analysis team, said markets can be noisy, and the Monetary Policy Committee are invested in attempting to understand and navigate them as best as possible. (See: MNI INSIGHT: Fed Rates Speculation Double-Edged Sword For BOE)

Accepting the importance of the market transmission mechanism is to the Bank, the market analysis and intelligence activities continually evolve, Rosen said. Importantly, "we wish to continue expanding our network of market contacts, so that they are even more diverse and reflective of the market setup," she added.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
True

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.