Jan Størup Nielsen, analyst at Nordea Markets, notes that the Bank of England has kept its monetary policy unchanged but has taken a clear step towards a mores dovish stand as political uncertainty intensifies. Key Quotes “The bank rate was maintained at 0.75% and the stock of government bonds financed by central bank reserves was kept unchanged at GBP 435bn. The decision to keep monetary policy unchanged was unanimous (9-0).” “The pre-announced Brexit sensitivity analysis did not include a no-deal scenario. Therefore, the Bank of England keeps all options open regarding the policy response to such a scenario. By the end of the day they will obviously end up easing policy in a no-deal, but they still don’t want to promise it on forehand.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Carney speech: No-deal Brexit would be unwelcome for global economy FX Street 4 years Jan Størup Nielsen, analyst at Nordea Markets, notes that the Bank of England has kept its monetary policy unchanged but has taken a clear step towards a mores dovish stand as political uncertainty intensifies. Key Quotes "The bank rate was maintained at 0.75% and the stock of government bonds financed by central bank reserves was kept unchanged at GBP 435bn. The decision to keep monetary policy unchanged was unanimous (9-0)." "The pre-announced Brexit sensitivity analysis did not include a no-deal scenario. Therefore, the Bank of England keeps all options open regarding the policy response to such a scenario. By the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
