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7 Oct 2013
Flash: BoE the lone ranger this week - BBH
FXstreet.com (London) - Research teams at BBH note that the BoE is the only bank meeting this week.
Key Quote:
“The Bank of England is the only G10 central bank meeting in the week ahead”.
“Given the forward guidance, even if the market is skeptical about the time frame offered for the first hike, the MPC is unlikely to change its stance. Although Governor Carney's modus operandi is still new, a statement is not expected”.
Key Quote:
“The Bank of England is the only G10 central bank meeting in the week ahead”.
“Given the forward guidance, even if the market is skeptical about the time frame offered for the first hike, the MPC is unlikely to change its stance. Although Governor Carney's modus operandi is still new, a statement is not expected”.