BoE a non-event? – Danske Bank

FXStreet (Edinburgh) - Anders Fischer, Analyst at Danske Bank, expects the BoE monetary meeting to pass unnoticed amongst traders today.

Key Quotes

“Today’s Bank of England (BoE) meeting is expected to be close to a non-event with no one expecting any change in either BOE’s target for its asset purchase program or the bank rate”.

“The inflation report next week will be much more interesting as it could signal a shift towards an earlier rate hike in light of the recent strong data”.