The Bank of England Monetary Policy Committee is nervously eyeing the opportunity to extend its newly minted rate hike pause.
Its most recent meeting:
- BOE leaves bank rate unchanged at 5.25% vs 5.50% expected
- BOE’s Bailey: Inflation is falling and we expect it to fall further this year
Due at 0900 GMT / 0400 US Eastern time is Bank of England Governor Andrew Bailey
- to appear in conversation at the 2023 Institute of International Finance Annual Membership Meeting
The next meeting, and the Bank’s last for the year, is on November 2.
This article was written by Eamonn Sheridan at www.forexlive.com. Source