-
BoE Preview: Bank of England Shock Tactics Needed to Weaken Sterling
There is guaranteed to be high volatility surrounding the Bank of England policy decision. There is also a very strong probability of some action being taken, but there is a high degree of uncertainty over the outcome. An isolated move to cut interest rates to 0.25% would be more than priced in and Sterling would be liable to actually strengthen with falls for gilts and equities. A bigger reliance on direct measures and eventual fiscal easing would also tend to support Sterling and equities with gilts weakening. A much more aggressive monetary stance including big asset purchases would push Sterling sharply lower ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Aug 3, 2016 6:28pm Aug 3, 2016 6:28pm
- NewtonsCash
- Joined Mar 2014 | Status: Member | 2586 Comments
- Comment #2
- Quote
- Aug 3, 2016 7:06pm Aug 3, 2016 7:06pm
- AnniLi
- | Commercial Member | Joined Jan 2015 | 2212 Comments
- Comment #3
- Quote
- Aug 3, 2016 7:35pm Aug 3, 2016 7:35pm
- Fader123
- Joined Feb 2016 | Status: Member | 47 Comments
- Comment #4
- Quote
- Aug 4, 2016 1:51am Aug 4, 2016 1:51am
- NewtonsCash
- Joined Mar 2014 | Status: Member | 2586 Comments
- Comment #5
- Quote
- Aug 4, 2016 2:44am Aug 4, 2016 2:44am
- bdebaere
- | Joined Apr 2013 | Status: Member | 48 Comments
- Comment #6
- Quote
- Aug 4, 2016 3:49am Aug 4, 2016 3:49am
- Guest
- | IP XXX.XXX.4.202
- Comment #7
- Quote
- Aug 4, 2016 7:52am Aug 4, 2016 7:52am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.