Free Trial

/ VIEW: Citi say that "without new detailed.....>

BOE
BOE: / VIEW: Citi say that "without new detailed forecasts and after another
long period of silence by policymakers, we do not expect any changes in voting
pattern, let alone policy settings" at next weeks MPC meeting.
- Citi add though, "all eyes will be on Andy Haldane" following his comments in
June that he could vote for rate hike if "political uncertainty" falls.
- Citi expect a 7-2 vote to keep rates unchanged. See November meeting as "more
interesting", but it could be "overshadowed" by progress (or lack of) Brexit
negotiations and EU Summit on Oct 19/20. 
- Citi continue to expect MPC to remain on hold "until after official Brexit in
March 2019", however for rates to rise quickly under a new Governor as they
"will be somewhat behind the curve by that stage".

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.