Analysts at Nomura expect the Bank of England to raise interest rates for a second time this cycle by 25bp. Key Quotes “This is supported by the data – unlike in the run up to the August 2017 and May 2018 policy meetings the surprise index has not collapsed ahead of the forthcoming meeting.” “The Bank publishes its Inflation Report forecasts too – the focus as usual will be on the Bank’s estimate of inflation towards the end of the horizon (i.e., two to three years ahead), but also on the Bank’s thoughts on equilibrium interest rates.” “Recall that based on unchanged monetary policy the Bank saw inflation settling at a little over 2.35% in two to three years’ time. See our main article this week for a preview of the meeting.” 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 US: Trade tariffs to increase to 25% for China – Danske Bank FX Street 5 years Analysts at Nomura expect the Bank of England to raise interest rates for a second time this cycle by 25bp. Key Quotes "This is supported by the data - unlike in the run up to the August 2017 and May 2018 policy meetings the surprise index has not collapsed ahead of the forthcoming meeting." "The Bank publishes its Inflation Report forecasts too - the focus as usual will be on the Bank's estimate of inflation towards the end of the horizon (i.e., two to three years ahead), but also on the Bank's thoughts on equilibrium interest rates." "Recall that based… 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.
