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This Week's UK Data Key Ahead of BoE Next Month
Is UK Data Really So Important if a Rate Hike is So Priced in? The UK will release a variety of important economic reports over the coming days which, despite the multiple distractions elsewhere, will attract the attention of traders. With the next Bank of England meeting a little over three weeks away, the data over the coming days could play a big part in whether the central bank raises interest rates or not. Policy makers in recent months have strongly hinted at a rate hike in the coming months and specified in the minutes from the March meeting that the May economic forecasts will allow the MPC to assess the ... (full story)
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