Central Banks

Bank of England to pause rate cuts next week – survey result unanimous

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Reuters polling of 65 analysts.

  • All 65 economists in a Reuters poll said the BoE will likely hold rates at 5.0% on September 19
  • News on price pressures has been mixed.
  • Wage growth cooled as members of the Monetary Policy Committee expected last month and the economy failed to grow in July.
  • the BoE could announce an acceleration of its QT programme

Here is the Reuters link for more info.

This article was written by Eamonn Sheridan at www.forexlive.com. Source