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The Bank of England Preview: Three things to watch in BoE statement
With the Bank of England´s nine-memberMonetary Policy Committee (MPC) is likely to opt for the wait-and-see mode in September after hiking the Bank rate to 0.75% at the beginning of August even with the fresh wave of Brexit deal optimism and positive macro data flooding the news recently. Next rate hike is currently priced around May 2019 Inflation Report. The MPC will be meeting for the first time with the new member replacing Ian McCafferty, an academic in productivity growth professor Jonathan Haskel. Even with inflation and wages picking up slightly in recent reports, the data are seen not enough to alter the ... (full story)