The Bank of England voted unanimously to keep the Bank Rate unchanged at 0.75% yesterday and did not make any big policy signal shifts either, explains the research team at Danske Bank. Key Quotes “We still expect the Bank of England to hike around once a year and our base case is that the next hike will arrive in May 2019, so after the UK formally leaves the EU.” “Our view is that a ‘no deal Brexit’ would most likely hit the economy also through lower demand due to lower business confidence, which would most likely force Bank of England to ease monetary policy by cutting the Bank Rate.” 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 India: Getting easier to do business – Nomura FX Street 4 years The Bank of England voted unanimously to keep the Bank Rate unchanged at 0.75% yesterday and did not make any big policy signal shifts either, explains the research team at Danske Bank. Key Quotes "We still expect the Bank of England to hike around once a year and our base case is that the next hike will arrive in May 2019, so after the UK formally leaves the EU." "Our view is that a 'no deal Brexit' would most likely hit the economy also through lower demand due to lower business confidence, which would most likely force Bank of England… 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.
