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BoE likely to remain on sidelines – TDS

Analysts at TD Securities are expecting the BoE to remain quiet on the sidelines on Thursday as Brexit uncertainty peaks, with a unanimous 9-0 no-change policy meeting.

Key Quotes

“The economy is broadly tracking in line with their Feb forecasts.”

“With Brexit headlines intensifying, and the FOMC tonight, markets remain fluid ahead of tomorrow’s BoE meeting.”

“We do not expect this month’s MPC to provide GBP with a major directional push as Brexit concerns dominate.”

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