“The Bank of England kept rates unchanged at the June meeting,” points out Rabobank analysts and add: “The vote was split 6-3 as the known dissenters Ian McCafferty and Michael Saunders were joined by the Bank’s chief economist Andrew Haldane in their push for an increase to 0.75%.” Key quotes “The MPC remained confident in their own projections as the news since the previous meeting had given them greater reassurance that the first quarter weakness was indeed a soft patch.” “We see a good chance that the Bank of England will make their move to 0.75% in August.” “The MPC also reviewed its guidance on the level of Bank Rate at which the MPC will consider unwinding its asset purchase programme.” 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 NZD/USD Technical Analysis: Kiwi goes for bull reversal attempt after 2018 low’s test FX Street 3 years "The Bank of England kept rates unchanged at the June meeting," points out Rabobank analysts and add: "The vote was split 6-3 as the known dissenters Ian McCafferty and Michael Saunders were joined by the Bank's chief economist Andrew Haldane in their push for an increase to 0.75%." Key quotes "The MPC remained confident in their own projections as the news since the previous meeting had given them greater reassurance that the first quarter weakness was indeed a soft patch." "We see a good chance that the Bank of England will make their move to 0.75% in August." "The MPC… Top 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.
