17 Sep 2014
BoE minutes focuses on the vote pattern – Danske Bank
FXStreet (Edinburgh) - Anders Fischer, Analyst at Danske Bank, remarks today’s releases in the UK economy.
Key Quotes
“The minutes from Bank of England’s meeting on 4 September will also attract some attention today, although the market’s reaction might be softer than usual as the Scottish independence referendum tomorrow represents a significant short-term risk factor for the
GBP”.
“Minutes from the August meeting revealed a split in votes by 7-2 with two members advocating a rate hike and it will be interesting to see if more board members joined the hawkish camp at the September meeting”.
“Under normal circumstances this should be GBP positive as it indicates that a rate hike is moving closer”.
Key Quotes
“The minutes from Bank of England’s meeting on 4 September will also attract some attention today, although the market’s reaction might be softer than usual as the Scottish independence referendum tomorrow represents a significant short-term risk factor for the
GBP”.
“Minutes from the August meeting revealed a split in votes by 7-2 with two members advocating a rate hike and it will be interesting to see if more board members joined the hawkish camp at the September meeting”.
“Under normal circumstances this should be GBP positive as it indicates that a rate hike is moving closer”.