The Bank of England look set to cut rates in June or just after:
- Analysts tip a June Bank of England rate cut. Or August 😉
- The Bank of England still has cold feet on rate cuts, reluctant to commit
Coming up on Friday:
1115 GMT / 0715 US Eastern time – Bank of England chief economist Huw Pill gives an online presentation of the central bank’s new forecasts and latest policy decision, released 24 hours earlier
1145 GMT / 0745 US Eastern time – Bank of England MPC member Swati Dhingra gives closing remarks at King’s College London’s ECONDAT conference. Dhingra and Ramsden voted to cut on Thursday.
This article was written by Eamonn Sheridan at www.forexlive.com. Source