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Policy decision at midday GMT (7:00ET)

BOE

Just a reminder that the BoE policy decision, Monetary Policy Statement and Mintues will be released at midday GMT (7:00ET). We think the focus will be on the pace of QE, any changes to the buckets and any possible mentions of negative rates in the Minutes. See our full BoE preview here including why we think the bottom of the short-dated bucket should be reduced for the BoE to purchase shorter-dated maturity gilts than the current minimum 3-years: BoE Preview: Where's the Bottom of the Bucket?

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