In its latest monetary policy meeting, held this Thursday, the BoE MPC voted 9-0 in favour of raising its key lending rate by 25 basis points to 0.75%. The decision was already priced in and hence, the key focus would be on the BoE’s Quarterly Inflation Report (QIR). This along with the BoE Governor Mark Carney‘s post-meeting presser will play a crucial role in setting up next leg of the directional move for the British Pound. Meanwhile, it was also a unanimous vote to keep asset purchase facility at £435 billion and corporate bond target at £10 billion. 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 Mexico: Banxico to keep rates on hold at 7.75% – Nomura FX Street 5 years In its latest monetary policy meeting, held this Thursday, the BoE MPC voted 9-0 in favour of raising its key lending rate by 25 basis points to 0.75%. The decision was already priced in and hence, the key focus would be on the BoE's Quarterly Inflation Report (QIR). This along with the BoE Governor Mark Carney's post-meeting presser will play a crucial role in setting up next leg of the directional move for the British Pound. Meanwhile, it was also a unanimous vote to keep asset purchase facility at £435 billion and corporate bond target at £10 billion. 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.
