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GBP: Trading The BoE - Views From 10 Major Banks

From efxnews.com

The following are brief expectations forthe BoESeptember policy statementas compiled from the related research reports of 10 major banks. Overall, the consensus expects theBoE to remain on hold with an unchanged 7-2 vote. On the GBPfront,the consensus seems to lean towards expecting the GBP to find some support around the BoE with the balance of risks suggesting that someexpected positives look already priced in. BofAML Research:We still expect a 7-2 vote for unchanged rates. With inflation likely to slow after peaking in October, the BoE would have time to watch the data. We still expect weak growth to prevent hikes ... (full story)

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  • Category: Fundamental Analysis